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Automakers face challenges galore

Auto manufactures continue to remain under pressure as is evident from November 2021 wholesale numbers. Most of the segments have reported a significant decline on a month-on-month (MoM) basis

December 02, 2021 / 01:32 PM IST
Automakers face challenges galore

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Auto manufactures continue to remain under pressure as is evident from November 2021 wholesale numbers. Most of the segments have reported a significant decline on a month-on-month (MoM) basis. Factors such as scarcity of semiconductor chips, delayed monsoon impacting cash flows in rural areas, and de-stocking post the festive season impacted volumes. Within the passenger vehicle (PV) segment, market leader Maruti saw a marginal month-on-month (MoM) growth of 2 percent in volume in November. M&M and Tata Motors, however, registered a...

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