India’s passenger vehicle sales to have increased more than 8% last month

Automakers in India largely report wholesale dispatches from factories and not retail sales to customers. Market leader Maruti Suzuki reported a decline of 9% in vehicle dispatches at 112,010 units last month, despite it sitting on a huge backlog of orders. A shortage in electronic components had some impact on the production of vehicles, mainly for the domestic market, at the company, which said it took all possible measures to minimise the impact.

from Auto-Industry-Economic Times https://ift.tt/bT6Ps7F