Friday, May 17, 2024

The waiting time for some vehicles has exceeded two years, and the auto industry is experiencing a semiconductor shortage; learn more.

At this time, it is apparent that the majority of car waiting times have increased. If you want a Maruti Ertiga, you may have to wait 9 months, and if you want a Mahindra XUV700, you might have to wait two years. Read carefully.

Some vehicles have a two-year waiting list—at this point, it appears that the majority of cars have a longer waiting list. At the same time, some cars have had to wait for up to two hours. You may have to wait up to 9 months to purchase a Maruti Ertiga. The Mahindra XUV700, on the other hand, may have to wait two years. Do you have any idea why this is taking so long? Let’s look at what’s causing the delay. In fact, due to a severe shortage of semiconductor chips and a disruption in the global supply chain, Indian customers are experiencing this issue. For your information, the COVID-19 pandemic has had a significant impact on the global supply chain. Apart from that, problems such as the Ukraine-Russia conflict and the resurgence of coronavirus cases in China have exacerbated these difficulties.

The main reason for all of these delays, according to Rajesh Menon, director-general of the Society of Indian Automobile Manufacturers or SIAM, is a shortage of semiconductors. The supply chain is shaky as a result of its absence. These difficulties could last for a long time. In most cases, a six-month waiting period is standard for bestsellers. At the same time, this delay is only visible in the premium and compact SUV segments. Apart from the XUV700, bestsellers such as the Hyundai Creta or Venue (upcoming variant), Maruti Suzuki Ertiga, Mahindra Thar, and Venue are expected to be delayed by at least six months, according to the Federation of Automobile Dealers Associations (FADA).

Read More: Honda is bringing a new Hornet to India to tighten the air of strong bikes, see how strong it is in the sketch.

Some vehicles, such as the Hyundai Grand i10 Nios or Santro, Maruti Suzuki Celerio or WagonR, and Tata Tigor, are available with a month or two’s delay. The chip shortage is expected to last until 2023, according to experts. There doesn’t appear to be any immediate relief on the horizon.

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