Maruti Suzuki Records 6 Pct Decline in Sales in April 2022 Due to Chip Shortage
Maruti Suzuki India Limited has announced that it sold a total of 150,661 units in April 2022. Total sales in the month include domestic sales of 126,261 units, sales to other OEM of 5,987 units and exports of 18,413 units. Maruti Suzuki stated that the shortage of electronic components had a minor impact on the production of vehicles, mainly domestic models.It is becoming increasingly difficult for Indian automakers to control input costs as they are dependent on China and Japan which are facing supply chain woes,…