Suzuki expects 6% dip in its India auto sales
The Hindu
Carmaker cuts global sales forecast
Japan’s Suzuki Motor Corporation on Thursday said it expected its automobile sales in India to decline 6% year-on-year and has cut its overall global sales forecast for the ongoing fiscal by 2.25 lakh units on account of the semiconductor shortage.
In a financial presentation, the company — whose unit Maruti Suzuki India is the largest carmaker in the country — forecast its total global sales for the ongoing fiscal at 24.86 lakh units, 2.25 lakh units lower from the previous forecast.
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