Car gross sales November 2021: Hyundai stories 24% drop in home gross sales on account of chip scarcity

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Hyundai says gross sales hit in November on account of ongoing semiconductor scarcity state of affairs

Hyundai Motor India has launched its month-to-month gross sales figures for November 2021, throughout which the corporate’s home gross sales stood at 37,001 models. Compared to 48,800 models offered throughout the identical month in 2020, Hyundai witnessed a year-on-year decline of 24.2 per cent. The Korean carmaker says the continued semiconductor scarcity state of affairs has hit gross sales in November. At the identical time, the month-on-month decline in gross sales was marginal as in comparison with 37,021 automobiles offered in October 2021.

Also learn: Car gross sales October 2021: Hyundai Motor India stories 36.7 per cent drop in gross sales

In an official assertion issued by the corporate, Hyundai stated, “Sales in November have been affected due to the ongoing semiconductor shortage situation. Hyundai Motor India will continue all efforts to mitigate the situation.”

Hyundai’s cumulative gross sales within the month of November 2021 stood at 46,910 models, a decline of round 21 per cent as in comparison with November 2020.

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In November 2021, Hyundai additionally exported 9,909 models from India, in comparison with 10,400 models exported throughout the identical month, registering a decline of 4.7 per cent on a year-on-year foundation. However, in comparison with October 2021, when Hyundai exported 6,535 models, the corporate noticed a MoM development of round 52 per cent.

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Hyundai’s cumulative gross sales within the month of November 2021 stood at 46,910 models, which is a decline of round 21 per cent as in comparison with 59,200 models offered throughout the identical month in 2020. However, in comparison with 43,556 automobiles offered in October 2021, Hyundai noticed one. MoM improve of round 8 per cent.

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