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Chip Shortage Automotive India. Vehicle sales took a beating in august as automobile makers cut production amid a worsening global chip shortage, the factory dispatch data showed on wednesday. It also anticipated that the lessons learned from the microchip shortage will further drive automakers to become more technologically savvy.
The chip and semiconductor shortages have impacted the supply chain of oems, aggressively leading to a decline in the overall business. Monitoring impact of automotive chip shortage: Like the rest of the world, indian automotive manufacturers have also been affected by this shortage significantly.
Honda cuts car production on massive chip shortage
The chip shortage in india has majorly affected automotive industry and consumers. Vehicle sales took a beating in august as automobile makers cut production amid a worsening global chip shortage, the factory dispatch data showed on wednesday. India’s automakers association has warned that the ongoing chip shortage will continue to disrupt automotive production in the country despite vehicle sales increasing last year. Chips for russian auto companies may land in india that would be good news for indian buyers who are waiting to get the delivery of their cars and suvs, some of which have a waiting period of up to 10 months as the shortage of semiconductors, a critical component in modern vehicles, has forced automakers to slash production.