Easing supply side constraints of semiconductors as well as healthy demand led many passenger vehicle manufacturers to report healthy wholesales during last month.Wholesale dispatches of passenger vehicles rose in March 2022.Auto major Maruti .
India s automobile industry is expected to bear the brunt of lower supplies of components triggered by the ongoing Russia-Ukraine war.Besides, the industry is expected to face subdued consumer sentiment as OMCs are expected to raise domestic .
The third Covid wave along with microchip shortage leading to lower production and elongated waiting periods dented January 2022 sales of key automobile players.
The domestic two-wheeler sales witnessed 21 per cent year-on-year decline in January, even as the segment registered a 14 per cent sequential growth in domestic wholesale volumes, according to credit ratings agency ICRA. The numbers are based on the data released by six major original equipment manufacturers (OEMs), ICRA said in a statement on Wednesday.