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Microchip shortage, high cost subdues auto sector s Feb sales

Microchip shortages, along with high acquisition cost, subdued sales of key automobile players in February 2022.On Tuesday, auto major Maruti Suzuki India reported that its total sales last month inched lower on a year-on-year basis to 1,64,056 .

Auto sector posts robust sales amid fears of Ukraine crisis worsening chips shortage

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