By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: It’s a long, excruciating wait for a new car; cancellations are up, buyer sentiment down
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
New Car

It’s a long, excruciating wait for a new car; cancellations are up, buyer sentiment down

Loknath Das
Last updated: 2022/06/06 at 6:14 PM
By Loknath Das 3 Min Read
Share
SHARE
It’s a long, excruciating wait for a new car; cancellations are up, buyer sentiment down

It’s been an endless wait for car buyers as supply chain disruptions continue to rock the automobile industry, creating shortages through the entire line. With waiting times extending to as much as 90 weeks — or nearly two years — customers are having to deal with the prospect of not being able to get their chosen vehicles in a reasonable time. As a result, auto dealers are also facing increasing cancellation rates as customers reach the end of their patience on many occasions.

“We are seeing customer sentiment start to die out because of price increases and exorbitantly high delivery timelines,” a Delhi passenger car dealer told Mint.

Mahindra & Mahindra’s latest offering, SUV XUV700, is one of the worst-hit with long waiting times. For some of the top-end variants, waiting times are as long as 88-90 weeks while the Thar has delivery timelines extending to nearly a year.

COVID-19 lockdowns, the subsequent global breakdown of supply chains, the shortage of semiconductor chips, the Russian invasion of Ukraine and the subsequent breakdown of raw material imports have all impacted the production levels. Fresh movement restrictions in the Chinese major port of Shenzen and restrictions in Shanghai are making matters worse.

“We may not see an immediate impact on delivery timelines, but the wait to normalcy is definitely going to extend with the recent headwinds leading to chip and auto parts shortages,” a Bengaluru-based Tata Motors dealer told the Mint.

Customers need to wait 12 weeks for the compact Tata SUV Punch, six months for some variants of Volkswagen’s Tiguan, while Skoda’s Kodiaq is sold out for the year, and 2-5 months even for luxury vehicles like Audi Q5 & Q7.

Hyundai Creta has a waiting time of around 10 weeks, while Kia Sonet has a wait time of up to six months and Kia Carens’ wait time stretches to five months. Luxury SUVs like Toyota Fortuner and MG Astor both have waiting times of upwards of four months, while hatchbacks like Maruti Baleno and Tata’s Nexon have similar waiting times.

[“source=cnbctv18”]

You Might Also Like

New Car Prices in India After GST 2.0: Tata, Maruti, Hyundai, Mahindra & More

Buying a Used VW Car in Albuquerque? Here’s What to Know

What to Do If the Trunk of Your Nissan Won’t Open

Style, Luxury, and Innovation in a New Car Coming in 2024

Interior of the 2025 Mitsubishi Outlander PHEV

TAGGED: A, Are, Buyer, cancellations, car;, excruciating, for, It’s, Long, new, sentiment, Up, Wait
Loknath Das June 5, 2022
Share
Previous Article How to successfully apply to outstanding UK universities
Next Article Reasons Why You Should Purchase From A Massey Ferguson Dealership

Calendar

October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    

Latest Trending News

  • Hispanic Heritage Month: Working together to shape the future of remittances October 7, 2025
  • 2024 Hyundai Alcazar Review – 6-seater 1.5L Signature September 24, 2025
  • Luxury SUVs are a bit of a rage September 22, 2025
  • New Car Prices in India After GST 2.0: Tata, Maruti, Hyundai, Mahindra & More September 18, 2025
  • The Ferrari 849 Testarossa Combines Power and Tradition September 13, 2025
  • User Review of FZ S Hybrid September 10, 2025
  • Lexus Cars Get Cheaper after GST 2.0: Check Full Price List September 9, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?