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Passenger Vehicle Sales Declined 19% In November Amid Chip Shortage: SIAM
NDTV
The passenger vehicle (PV) dispatches last month stood at 2,15,626 units, down 19 per cent from 2,64,898 units in November 2020.
Passenger vehicle wholesales in the country declined by 19 pc in November as the semiconductor shortage continued to impact vehicle production and subsequent deliveries to dealer partners, auto industry body SIAM said on Friday.
The passenger vehicle (PV) dispatches last month stood at 2,15,626 units, down 19 per cent from 2,64,898 units in November 2020.
Similarly, total two-wheeler sales declined sharply by 34 per cent to 10,50,616 units last month from 16,00,379 units in the year-ago period.
Total three-wheeler dispatches stood at 22,471 units, down 7 per cent from 24,071 units in November 2020. Total automobile sales across categories drooped to 12,88,759 units last month compared to 18,89,348 units in the year-ago period.