Maruti, Hyundai October sales fall on supply woes
The Hindu
Chip shortage drives double-digit slide
Leading carmakers Maruti Suzuki India (MSI) and Hyundai witnessed a double-digit drop in sales in October on account of the global semiconductor shortage impacting production. Kia India and Honda Cars also saw a fall in dispatches from a year earlier.
However, companies such as Tata Motors, Mahindra & Mahindra (M&M), Nissan and Skoda managed to show growth last month despite supply chain challenges.
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