Chip shortage | November PV wholesales lowest in seven years, two-wheeler lowest in 11 years
The Hindu
Passenger vehicle sales stood at 2,15,626 units in November 2021 as against 2,64,898 units in the year-ago month.
Semiconductor shortage continued to haunt the automobile industry in the festive month of November 2021 passenger vehicle wholesales falling 18.6% and two-wheeler sales nosediving over 34% year-on-year, according to data released by Society of Indian Automobile Manufacturers (SIAM) on Friday.
Passenger vehicle sales stood at 2,15,626 units in November 2021 as against 2,64,898 units in the year-ago month. Production for passenger vehicles during the month was also down 9.5% from 2,94,596 units to 2,66,552 vehicles.
Likewise, for two-wheelers the dispatches to the dealers fell to 10,50,616 units, as against 16,00,379 units in November 2020. Production for two-wheelers was down over 29% to 13,67,701 units, from 19,36,793 units in the year-ago month.