Auto Retails In November 2021 Down 2.7% YoY; PV Sales Drop 20% Due To Chip Shortage

In November’s India’s overall auto retail sales stood at 18,17,600 units, a marginal 2.7 per cent YoY decline. However, the passenger vehicle segment saw 2,40,234 new registrations, witnessing a decline of nearly 20 per cent, as chip shortage continues to plague the industry.