Maruti Suzuki experiences supply backlog of over 2 lakh automobiles as a result of chip scarcity

Maruti Suzuki India has reported a backlog of over 2 lakh pending buyer orders in India, which the corporate says is the results of a worldwide shortfall in provide of digital elements.

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Maruti Suzuki says that round Rs. Q2FY22 . 1.16 lakh automobiles couldn’t be produced as a result of lack of chips within the

Maruti Suzuki has reported that the corporate is at the moment going through a backlog of over 2 lakh pending buyer orders in India. The firm says that is primarily because of the challenges posed by the worldwide shortfall within the provide of digital elements, which has had a significant influence on car manufacturing. The announcement got here as a part of the corporate’s monetary outcomes for the second quarter (Q2) FY2021-22 throughout which the corporate’s revenue declined over 65 per cent to Rs 475 crore.

ALSO READ: Maruti Suzuki Q2 FY22 web revenue down 65% to Rs 475 cr as a result of chip crunch

Maruti Suzuki India says that through the quarter ended September 30, 2021, an estimated 1.16 lakh automobiles couldn’t be produced as a result of lack of electronics part, largely consistent with home fashions. In reality, Maruti Suzuki has predicted a 40 per cent decline in car manufacturing for the month of October 2021 as a result of scarcity of digital elements. The firm says that proper now it’s making each effort to hurry up the supply.

Maruti Suzuki India’s whole gross sales in September stood at 86,380 items, down 46 per cent from a 12 months in the past.

Also Read: Maruti Suzuki Production Falls 51% In September 2021 Due To Chip Shortage

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During the July-September 2021 quarter, Maruti Suzuki India’s whole gross sales stood at 379,541 items, a marginal decline of three.4 per cent as in comparison with 393,130 items bought within the second quarter of FY21. On the opposite hand, exports stood at 59,408 items, the best in any quarter. In September, Maruti Suzuki India’s whole gross sales stood at 86,380 items, displaying a decline of 46 per cent as in comparison with 160,442 automobiles bought in September 2020.

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