 | Japan's Honda sees profit slide on chips, material cost woes“I deeply apologize for the problems we have caused for those customers graciously waiting for our cars,” Honda Chief Financial Officer Kohei Takeuchi said from the headquarters. |
 | Passenger vehicle retail sales drop 10% in January as chip shortage continues: FADATwo-wheeler sales last month declined by 13.44 per cent to 10,17,785 units, compared to 11,75,832 units in January 2021. |
 | Tata Motors reports loss at Rs 1,451 crore for third quarter of FY 2021-22With this, Tata Motors losses have now swelled to Rs 10,317 crore in the first nine month of going financial year. |
 | Semiconductor shortage hits domestic automobile wholesales in August; dispatches dip 11%The total wholesales across categories, excluding commercial vehicles, declined to 15,86,873 units last month, compared to 17,90,115 units in August 2020. |
 | Maruti Suzuki expects massive hit on September production due to chip shortageThough the situation is quite dynamic, it is currently estimated that the total vehicle production volume across both locations could be around 40 per cent of normal production. |
 | Semiconductor shortage may be big opportunity for domestic auto component cos: SIAM chiefSemiconductors are silicon chips that cater to control and memory functions in products ranging from automobiles, computers and cellphones to various other electronic items. |
