Chip shortage dents passenger vehicle sales in November - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Chip shortage dents passenger vehicle sales in November

Passenger vehicle makers said they could not meet a strong consumer demand as a global shortage of semiconductors continued to impact production while two-wheeler makers blamed rise in acquisition costs after transition to Bharat Stage-VI emission standards along with economic impact of the second wave of Covid-19 in rural areas for a slump in sales.

from Industry-Economic Times
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