Supply chains globally were severely damaged after the corona Pandemic. These problems then escalated with the Ukraine-Russia crisis. Also the turmoil of corona cases again in China has brought a frost to the supply chains.
“Shortage of semiconductors is a major problem in the supply chain. It will take some more time to meet these challenges, ”said Rajesh Menon, Director, Society of Indian Automobile Manufacturers (SIAM). Delivery of premium vehicles and compact SUV segment vehicles is reported to be delayed. According to the Federation of Automobile Dealers Association (FADA) data, the waiting period for not only the SUV 700 but also the Hyundai Creta, Venue (new version to be launched soon), Maruti Suzuki Ertiga, Mahindra Thor and Venue is at least six months.
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Cars in the hatchback and sedan segments also have to wait a month or two for the Hyundai Grand i10 Nios or Santro, Maruti Suzuki Celerio, Wagon R and Tata Tigor. The current shortage of chips in the auto industry is expected to continue until 2023. Auto experts claim that there is no relief for car buyers right now.
|Top car model||Average|
|Hyundai Venue||24 weeks|
|Maruti Baleno||12-14 weeks|
|Vitara Breza||12-14 weeks|
|Tata Nexan||12-40 weeks|
|Maruti Ertiga||34-36 weeks|
|Mahindra Thor||24-36 weeks|
|Hyundai Creta||28-34 weeks|
|Maruti Alto||30-32 weeks|
|Mahindra SUV700||72-90 weeks|
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