The Sunday Guardian

Huge demand, no supply: Global chip crisis hits India’s car market

- NEW DELHI River-green

The global shortage of semiconduc­tor chips used in the manufactur­ing of new cars has led to a long queue of customers across all car retails in Delhi-ncr, with the waiting period for a new car ranging from three months to as long as six months, based on the variant and the car model.

The Sunday Guardian spoke to several car dealers across Delhi-ncr and all of them said that to get a new car, one has to wait for at least three to six months, depending on the variant that the customer is opting to buy.

For example, a Hyundai dealer from West Delhi said that the normal waiting period for a Creta is five to six months, while for Hyundai Santro, it is about three months. He further said that he is not being able to meet the demand and that many of his customers are unwilling to wait for that long.

Speaking to The Sunday Guardian, the Hyundai dealer said, “There is a shortage of cars from the backend. We are not getting the number of cars that we used to get earlier. Now we are getting cars only on booking. You know about the shortage of the semiconduc­tor chip sets, this is what is causing the problem.”

Speaking to The Sunday Guardian, a KIA motor dealer from South Delhi expressed his helplessne­ss about the situation. “We are helpless. It does not make us happy to turn down our customers. But for the Seltos and the Sonnet variants of the KIA cars, there is a long waiting period. The demand is very high, but the delivery is very slow. There are no new cars in the market; all of us are affected by the chip shortage. We are explaining to the customers about the shortage, some understand, others don’t,” he said.

The situation is similar

Municipal workers remove aquatic plants from water aerodromes at Sabarmati river ahead

of the resumption of seaplane services in Ahmedabad, on Thursday.

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