Passenger vehicle sales remain subdued despite strong local demand

Industry volumes were dragged down by market leaders Maruti Suzuki and Hyundai Motor India where sales fell 7% (to 128,924 units) and 15% (to 44,022units), respectively. “The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in domestic market. The company took all possible measures to minimise the impact”, Maruti Suzuki said in a statement.

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