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Passenger vehicle retail sales drop 10% in Jan due to chip shortage: FADA

Passenger vehicle retail sales drop 10% in Jan due to chip shortage: FADA

by AIP Online Bureau | Feb 7, 2022 | Eco/Invest/Demography, Indian News, Non-Life

“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 New Delhi: Passenger vehicle retail sales declined 10 per...

Passenger vehicle retail sales dip 11% in Dec amid semiconductor woes

by AIP Online Bureau | Jan 5, 2022 | Eco/Invest/Demography, Indian News

“The month of December is usually seen as a high sales month where OEMs continue to offer best discounts to clear the inventory due to change of the year. It was, however, not the case this time around as retail sales continued to disappoint, thus wrapping up an...
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