With the festive season on, car makers, leading with Maruti Suzuki India Ltd, closed October with good sales numbers.
However, the shortage of electronic components had put brakes on the overall sales.
According to Maruti Suzuki, it had sold a total of 167,520 units (domestic 143,250 units, sales to other car makers 3,822, exports 20,448 units) in October 2022 up from 138,335 units (domestic 112,788 units, sales to other car maker 4,225 units, exports 21,322 units).
Hyundai Motor Ind...
Indian car makers drove good sales in October
Hyundai Motor, South Korea's biggest carmaker, said on Friday that its sales fell 4.5 per cent in June from a year earlier, as a global chip shortage continued to affect its vehicle production and sales.
Hyundai Motor sold a total of 340,534 vehicles in June, down from 356,631 units a year earlier, the company said in a statement.
Domestic sales fell 13 percent to 59,510 units from 68,407 during the period, while overseas sales declined 2.5 percent to 281,024 from 288,224, reports Y...
Hyundai`s sales fall 4.5% globally amid chip shortage
Hyundai Motor, South Korea's biggest carmaker, has announced its sales fell 12 per cent last month from a year earlier amid global chip shortages.
Hyundai Motor sold 2,82,204 vehicles in January, down from 3,21,068 units a year earlier, the company said.
"We will adjust vehicle production schedules to ride out ongoing semiconductor shortages, while focusing on boosting sales of new models and enhancing profitability," the company said in a statement.
Sales in South Kore...
Hyundai's January sales fall 12% amid chip shortage