Chip shortage to shave off 500k units from car firms' sales books - Business News: Latest News & Videos about market and economy | Trendmergers

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Chip shortage to shave off 500k units from car firms' sales books

If not for the supply chain issues, the industry would have this year crossed its previous peak annual sales of 3.4 million units seen in FY19. Icra has now revised its sales forecast for FY22 downward to 8-11%, which translates to around 3 million units.

from Stocks-Markets-Economic Times
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