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Chip crunch, pandemic, high costs drag Dec qtr auto sales to multi-year low

The auto industry body expects current quarter to be better but stops short of sharing any guidance owing to pandemic related uncertainties

Topics
semiconductor | automobile sales | Global Chip Shortage

Shally Seth Mohile  |  Mumbai 

Photo: Bloomberg
Photo: Bloomberg

Sales of automobiles across all segments in India, the world’s fifth-largest market, hit a multi-year low in the December quarter owing to pandemic-induced factors, which disrupted both supply and demand.

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First Published: Fri, January 14 2022. 19:15 IST