Mahindra & Mahindra Ltd.'s auto segment posted an overall sales of 28,112 units in September, a fall of 8.08% over August.
M&M’s passenger car sales too fell 17.7% over August to 13,134 units in September.
"The challenges around the supply of semiconductors continues to pose difficulties for the auto industry globally," Veejay Nakra, CEO of Automotive Division at M&M, said in the statement. He said M&M has taken several steps to mitigate the effect and are working towards managing the situation as best as possible.
However, the Farm Equipment segment sales soared as the tractor sales rose 89% over August to 40,331 units in September.
Hemant Sikka, President of the Farm Equipment sector at M&M said that the strong revival in rainfall during September brought cheers to the farming community.
"With initial crop production estimates indicating highest ever Kharif Crop, coupled with the upcoming festive season, we are optimistic of a strong demand in the coming months," he added.