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Indian Auto Sector Reels Under Chip Shortage – Financial Express

Production cuts announced by automakers in the middle of last year also contributed to fewer despatches, the report said


Hyundai Motors' production has been disrupted by a strike by truck drivers.
Hyundai said it "does not tolerate illegal employment practices at any Hyundai entity. We have policies and procedures in place that require compliance with all local, state and federal laws". File photo: Reuters.

 

 

Supply constraints amid an ongoing semiconductor shortage hit sales at top Indian carmakers Maruti and Hyundai in December for the fourth consecutive month, Financial Express reported.

Production cuts announced by automakers in the middle of last year also contributed to fewer despatches, the report said.

 

Read the full report: Financial Express

 

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Kevin Hamlin

Kevin Hamlin is a financial journalist with more than 40 years of experience covering Asia. Before joining Asia Financial, Kevin worked for Bloomberg News, spending 12 years as Senior China Economy Reporter in Beijing. Prior to that, he was Asia Bureau Chief of Institutional Investor for ten years.

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