Maruti Suzuki's Nov sales fall to 139,184 units
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Semiconductor shortages subdued automaker Maruti Suzuki's production and sales in November.
Total sales last month fell on a year-on-year basis to 139,184 units from 153,223 units during the same period of the corresponding year.
Besides, domestic sales were 113,017 units, and sales to other original equipment manufacturers stood at 4,774 units.
The automaker exported 21,393 units in November, which is its highest ever in a month, it said.
"The shortage of electronic components had a minor impact on the production of vehicles during the month," the company said.
The shortage primarily affected the production of vehicles sold in the domestic market, however, the company took all possible measures to minimise the impact.
On Wednesday, the auto major's shares settled at Rs 7,300, up 3.29 per cent from the previous close.
