ADVERTISEMENT
September Auto Retail Sales: Chip Shortage Spoils Festive Mood
Auto Retail Sales: Supply disruption, flagging demand and one pleasant surprise.
08 Oct 2021, 07:11 AM IST
Inventory at automobile dealerships remained tight, hurting supply ahead of the festival season as the global chip shortage continues to hurt production.Vehicle registrations—a measure of sales at dealerships—fell 6.4% over the preceding month and 4.7% year-on-year to 13.03 lakh units in September, according to data from 1,493 regional transport offices in 33 states and union territories collated from the website of the Ministry of R...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Minimal Ad
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT