News > Suzuki Motor expects automobile sales in India to decline 6%

Suzuki Motor expects automobile sales in India to decline 6%

Japan’s Suzuki Motor Corporation Thursday said it expects its automobile sales in India to decline 6 per cent year-on-year and has cut its overall global sales forecast for the ongoing fiscal by 2.25 lakh units on account of semiconductor shortage.

In a financial presentation, the company whose subsidiary Maruti Suzuki India is the largest carmaker in India, pegged its total global sales forecast for the ongoing fiscal at 24.86 lakh units, down by 2.25 lakh units from the previous forecast.