Car sales in slow lane as parts crunch bites - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Car sales in slow lane as parts crunch bites

While traction in the local market is expected to continue, the Covid curbs in China may further strain the supply chain, fear industry executives. MG Motor India said while the demand for MG products Hector, Astor, and Gloster continue to exhibit positive momentum in enquiries and bookings, production remained 'volatile and immensely impacted' by the global supply chain constraints amid fresh lockdowns in different parts of the world.

from Industry-Economic Times
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