Semiconductor crisis keeps passenger vehicle sales in slow lane in November

Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units

Notwithstanding robust demand, passenger vehicle (PV) sales in November remained in the slow lane. Semiconductor shortage continued to cripple production for manufacturers. With supply-side issues easing month-on-month, the worst seems to be behind, observe industry executives. They, however, remain non-committal on the time frame for production returning to normal. Overall PV sales during the month declined 14 per cent to 286,000 units, compared with 246,000 units a year ago, reveal industry estimates.  

PV sales rose 12.73 per cent in November 2020 to 285,367 units year-on-year (YoY), against 253,139 units in the same month in 2019.

Car market leader Maruti Suzuki