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Over 7 lakh Indian car buyers waiting to take delivery

Customers can expect to face delivery delays at least until the first half of 2022.

The outbreak of the Covid-19 pandemic and the resulting chip shortage has wreaked havoc with production schedules, leading to massive delays. It is estimated that more than 7 lakh Indian car buyers are waiting to take delivery of their vehicles.

Mahindra is among the worst hit. The company has a backlog of 1 lakh cars, with waiting periods for the XUV700 extending up to 19 months depending on the variant. Hyundai and Tata Motors also have a delivery backlog of 1 lakh cars each.

Maruti Suzuki - India's largest carmaker, is also facing delays. It has a backlog of over 2.5 lakh cars, the majority of which are said to be CNG variants.

Industry data suggests that Kia, Volkswagen, Skoda, Toyota, Nissan and Renault have a backlog of 75,000 vehicles each, while MG has a delivery backlog of 46,000 cars.

Carmakers believe the situation isn't expected to normalize anytime soon. Customers can expect to face delivery delays at least until the first half of 2022.

Source: TOI

 
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