New Delhi: Automobile Fada Body Dealer on Tuesday calls the current celebration season as the worst in business terms in a decade for retail partners throughout the country.
Industrial agencies, representing more than 15,000 car dealers who have more than 26,500 outlets throughout the country, said the situation of lack of chips has had an impact on the preparation of the passenger vehicle segment.
Fada President Vincesh Gullati said in a statement, “This is the worst celebration season that has been seen by Indian automatic retail in the last decade.
Chip lacks impact on PV create a lack of vehicles in SUVs, Compact – SUV and luxury.” Entry-level passenger vehicle segment Still see less demand because customers who preserve money for health care needs, he added.
Gulati noted that sales in two-wheeled segment entries still have not increased due to rural pressure and fuel prices, and people tried to save for health emergencies rather than making high-value purchases.
In the commercial vehicle space, the situation is relatively better with pick-up in demand for the movement of intra-state items.
In Dhanteras, who see strong vehicle delivery to customers, large companies have not come out with official figures.
MG India motorbike said it gave birth to more than 500 units of a medium-sized Astor SUV to customers during Luck Day.
The car maker has sent a first batch of more than 500 vehicles to customers about the good opportunity of Dhanteras, MG Motor India said in a statement.
This particularly specifically remembers the lack of acute chip, he added.
Further companies said they were trying our best to increase availability to meet the initial target of 4,000-5,000 shipping at the end of December 2021.