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LONG WAITING PERIODS MAY HIT VEHICLE DEMAND: MARUTI
The Free Press Journal
|December 06, 2021
THE CHIP SHORTAGE HIT COMPANY CURRENTLY HAS PENDING ORDERS OF AROUND 2.5 LAKH UNITS
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Longer waiting periods with semiconductor shortage affecting production can have a negative impact on car demand, although the supply constraints of chips have gradually improved over the last few months, according to a senior official of car market leader Maruti Suzuki India.
The company currently has a pending order of around 2.5 lakh units with demand in the market continuing to be buoyant, while its production was over 80% of normal in November.
This story is from the December 06, 2021 edition of The Free Press Journal.
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