HomeStatisticsChip woes continue to impact sales

Chip woes continue to impact sales

Automobile sales largely remained in the negative territory in November thanks to the semiconductor shortage, which continued to force production cuts. Several OEMs reported negative numbers, with the two largest players, Maruti Suzuki and Hyundai Motor, posting the steepest decline during the month. Tata Motors, Toyota Nissan and Mahindra witnessed positive sales growth.

Market leader Maruti Suzuki India reported 9 per cent decline in total sales at 1,39,184 units as against 1,53,223 units sold in the same month last year. Total domestic sales were down 18 per cent at 1,17,791 units as compared to 1,44,219 units in November last year. The company’s exports however, witnessed positive growth, standing at 21,393 units as against 9,004 units in the same month last year.

“The shortage of electronic components had a minor impact on the production of vehicles during the month. The shortage primarily affected the production of vehicles sold in the domestic market. The company took all possible measures to minimise the impact,” the company said in a statement.

Hyundai Motor India reported a 21 per cent decline in total sales to 46,910 units. The company had sold 59,200 units in November last year. Domestic sales were down 24 per cent at 37,001 units, as against 48,800 units in November 2020. Exports, too, declined 5 per cent at 9,909 units, compared to 10,400 units. The November sales were affected by the ongoing semiconductor shortage situation, the company stated.

Tata Motors saw 25 per cent increase in sales to 62,192 units as compared to 49,650 units dispatched in November last year. The automaker posted a 21 per cent increase in its domestic wholesales at 58,073 as compared to 47,859 units in the year-ago period.

Mahindra & Mahindra sold 19,458 passenger vehicles as against 18,212 units in the same month last year, recording a year-on-year growth of 6.84 per cent. The company said its Bolero Neo, Scorpio and XUV700 models received positive response from buyers.

Toyota recorded a year-on-year sales growth of 52.83 per cent, selling 13,033 units during the month as against 8,508 units in November last year. Another company that witnessed sales growth in November was Nissan India. The company sold 2,651 units, recording a massive y-o-y sales growth 160 per cent. Skoda, too, witnessed 108 per cent sales growth, dispatching 2,196 units as against 1,056 in November last year.

MG Motor India sold 2,481 units during the month as against 4,163 units in November last year, recording a year-on-year negative sales of 40 per cent. In a statement, the company said, “Enduring the industry challenges of global which has severely constrained the production levels, MG Motor is continuously working towards delivering to customers their much-awaited MG cars on time.”

Honda reported domestic sales of 5,457 units as against 9,990 units in the same month last year, a year-on-year decline of 45.38 per cent. It exported a total of 1,447 units last month. While Kia India saw its sales dropping over 32 per cent y-o-y, Renault sold 5,052 units during the month, as compared to 10,181 units in the November last year.

In the CV segment, while Tata Motors’ volumes climbed 15 pc to 32,245 units, Ashok Leyland saw a 4 per cent dip in overall volumes to 9,364 units. Its M&HCV volumes, however, grew by 5 per cent to 4,661 units. Mahindra & Mahindra reported a 15 per cent decline in total tractor sales at 27,681 units. The company had sold 32,726 units in the same month last year. Escorts, too, witnessed a 30 per cent decline in total tractor sales at 7,116 units. VE Commercial Vehicles posted a 10.1 per cent increase in sales at 4,085 units.

Among two-wheelers, Bajaj Auto reported a 10 per cent decline in its total wholesales at 3,79,276 units in November 2021. The company had dispatched 4,22,240 units in the same month a year ago. TVS Motor Company’s sales declined 15 per cent at 2,72,693 units, as against 3,22,709 units the company had sold in November last year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img
- Advertisment -