While Hero MotoCorp’s dispatches were down 32 percent, Royal Enfield’s wholesales were down by a whopping 62 percent; revival in demand blunted by chip shortage. Passenger vehicle wholesales in India witnessed a decline of 41 percent year-on year in September as automobile manufacturers struggled to produce adequate units owing to semiconductor shortage, auto industry body SIAM said on Thursday. As …
As per the latest data by Society of Indian Automobile Manufacturers, two-wheeler dispatches to dealers also witnessed a dip of 17 percent at 15,28,472 units, compared to 18,49,546 in September 2020. Passenger vehicle wholesales in India witnessed a decline of 41 percent year-on-year in September as automobile manufacturers struggled to produce adequate units owing to semiconductor shortage, auto industry body …
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