The global semiconductor crisis is now badly impacting vehicle production in India. Two days after passenger vehicle market leader Maruti Suzuki announced that its production from three plants is expected to be down by a massive 60% in September due to the chip shortage, Mahindra & Mahindra has confirmed that it too is impacted by… Continue reading Mahindra faces 25% production cut in September due to chip shortage
Tag: Suzuki
Muted two-wheeler sales in August, industry pins hope on festive season
With the lockdown restrictions easing across India and the vaccination drive gaining traction, the two-wheeler sales see some signs of pick-up on a monthly basis. While cumulative sales numbers from six leading OEMs – 1,271,455 units indicate a 6 percent upmove month-on-month, it declined 15 percent year-on-year. Semiconductor shortages is one of the major concerns in… Continue reading Muted two-wheeler sales in August, industry pins hope on festive season
August 2021 auto sales: Consumer demand positive, supply side constraints pose challenge
In anticipation of the festive season, dealers are getting robust enquiries and order bookings across segments. New Delhi: The Indian automotive industry, it appears, is gradually getting out of the COVID-induced lockdown challenges. Except for Maruti Suzuki, all other major OEMs have reported positive sales growth in August 2021 compared to the same last year.… Continue reading August 2021 auto sales: Consumer demand positive, supply side constraints pose challenge
Semiconductor shortage chips into car sales in August
Domestic sales in the passenger vehicle (PV) segment in India took a beating in August 2021, what with carmakers grappling with the ongoing global semiconductor shortage, which has compelled companies to cut production due to unavailability of electronic chips. Carmakers such as Maruti Suzuki India have reportied an 8.71 percent drop in wholesales to dealers but… Continue reading Semiconductor shortage chips into car sales in August
Drought and fire fuel chip shortage, TSMC sees it extending into 2022
As the chip shortage continues to affect auto production, spike in demand for electronics may not be the only trigger for the shortage. Drought in Taiwan and fire at Japan’s Renesas Electronics earlier this year may have exacerbated the crisis. One of the world’s biggest semiconductor producers, Taiwan’s TSMC has said the shortages will extend into 2022 but… Continue reading Drought and fire fuel chip shortage, TSMC sees it extending into 2022
Auto sales preview: Sales recovery to continue in August but supply-side issues persist
NEW DELHI: Commercial vehicles (CVs) and two-wheelers volumes are likely to report strong sales in August, while tractor volumes may see some seasonal softness, say market experts. Demand for personal vehicles (PVs) might remain strong, notwithstanding supply-side challenges, say the experts tracking the sector. Dealers are witnessing a strong rise in enquiries and order booking… Continue reading Auto sales preview: Sales recovery to continue in August but supply-side issues persist
Maruti Suzuki hit by chip shortage, September output to be down by 60%
Passenger vehicle market leader Maruti Suzuki India has, in a regulatory filing, said that its production in September 2021 is likely to take a big hit. In a statement the company said, “Owing to a supply constraint of electronic components due to the semiconductor shortage situation, the company is expecting an adverse impact on vehicle production… Continue reading Maruti Suzuki hit by chip shortage, September output to be down by 60%
FADA president says supply-demand mismatch likely in festive season
September has dawned and with it the oncoming of the festive season in India, when consumers often buy a new vehicle on two, four or more wheels. While demand for passenger vehicles is on the rise, supply chain issues loom large and could prove to be a spoilsport for the PV industry. According to the… Continue reading FADA president says supply-demand mismatch likely in festive season
Maruti to halve output next month as chip shortage hits
India’s biggest car maker Maruti Suzuki warned on Tuesday its vehicle production in September will tumble by 60% due to a chip shortage, joining a slew of global automakers facing a pandemic-led paucity of critical components. Maruti had flagged a partial production impact in August, but the output cut in its plants in the states… Continue reading Maruti to halve output next month as chip shortage hits
Autos & Transportation · 1:36 PM UTCMaruti production to halve in Sept as chip shortage hits India’s top car makerIndia’s biggest car maker Maruti Suz…
Aug 31 (Reuters) – India’s biggest car maker Maruti Suzuki (MRTI.NS) warned on Tuesday its vehicle production in September will tumble by 60% due to a chip shortage, joining a slew of global automakers facing a pandemic-led paucity of critical components. Maruti had flagged a partial production impact in August, but the output cut in… Continue reading Autos & Transportation · 1:36 PM UTCMaruti production to halve in Sept as chip shortage hits India’s top car makerIndia’s biggest car maker Maruti Suz…