Passenger vehicle retail sales drop 10 pc in January as chip shortage continues: FADA

"In spite of good demand, passenger vehicles continue to face the brunt of semiconductor shortage, resulting in the absence of a healthy inventory," FADA President Vinkesh Gulati said in a statement. Two-wheeler sales last month declined by 13.44 per cent to 10,17,785 units, compared to 11,75,832 units in January 2021.

from Auto-Industry-Economic Times https://ift.tt/qITOAQ7