A global supply chain shortage of semiconductors has adversely impacted the passenger vehicle segment ahead of festival season, with automobile companies showing a steep decline in the September sales volumes.
The country's largest carmaker, Maruti Suzuki India (MSI), on Friday reported a 46.16 per cent decline in sales at 86,380 units in September. It had sold 1,60,442 units in the same period last year. The second largest carmaker, Hyundai, too reported a 23.6 per cent decline in total sales at 45,791 units in September. Hyundai had sold 59,913 units in the same month last year.
However, domestic sales of Tata