Chip crisis is getting heavy, Maruti, Hyundai, Mahindra’s sales fall sharp!
The sale of the country’s largest car company Maruti Suzuki India has fallen by 46% in September this year. According to the sales data of auto companies on Friday, the same is true of Hyundai and Mahindra. The global crisis of semiconductor (chip) shortage is affecting the sales of companies ahead of the festive season.
Maruti Suzuki India sold a total of 86,380 vehicles in September 2021. Last year, despite the impact of Corona, the company sold 1,60,442 vehicles in September. The company has faced a decline in sales due to lack of chip and this directly shows a decline of 46%.
Sales of Maruti’s Alto and S-Presso, which dominate the small vehicle segment, also fell to 14,936 units in September. This was 27,246 units last year. Similarly WagonR, Swift, Celerio, Ignis, Baleno. The cell of Dzire etc. has also fallen.The condition of Maruti’s rival Hyundai India was also not very good in September. The company’s total sales in September fell 23.6% to 45,791 units. Whereas in September last year, this figure was of 59,913 units. If we talk about domestic sales, then this decline reaches 34.2%.
The sale of Mahindra & Mahindra, the company of Anand Mahindra, who dominates Twitter, has also decreased in September. The company’s passenger vehicle sales declined by 12% to 13,134 units from 14,857 units last year. However, the company’s exports have increased by 61% during this period.
Tata Motors is the only one among the major domestic auto companies whose sales have increased by 28% in September 2021. The company has sold 55,988 units in the domestic market as against 44,410 units in September 2020. On the other hand, looking at the quarterly basis, the company’s sales have increased by 55% in July-September 2021. However, in September, many auto companies such as Skoda, Kia India, MG Motor have been in plus in the sale.