India's Mahindra sees Sept car output down by a quarter on chip shortage - NewsBreak

BENGALURU, Sept 2 (Reuters) - Indian automaker Mahindra and Mahindra Ltd (MAHM.NS) said on Thursday it expects a 20%-25% drop in September vehicle production due to semiconductor shortages, following supply chain disruptions due to the pandemic. Globally carmakers have been hit by chip shortages and have warned of further pain...