THE SEMICONDUCTOR SHORTAGE might have eased but the waiting list for high-selling new cars continues to get longer. As on date, passenger vehicle manufacturers are sitting on around 800,000 bookings, which are yet to be delivered, as per industry sources. Till about mid-February, pending deliveries were 760,000 units. At the end of calendar year 2022, it was 700,000 units.
"Some new launches, such as the Maruti Suzuki Brezza, Grand Vitara, Toyota Hyryder, and the rising demand even of existing models such as the Baleno, Nexon, Creta and Punch, attracted a lot of people to car showrooms, and bookings and enquiries skyrocketed over the last few months," said an automotive analyst. "Though capacity utilisation at car factories is high, carmakers are taking more bookings than they can deliver," added the analyst.
"We haven't faced any slowdown in bookings and enquiries," Shashank Srivastava, senior executive officer, marketing & sales, Maruti Suzuki India, told FE. "Even bookings for the Jimny stand at about 22,000 units and for the Fronx at over 12,000 units, and the prices of these two cars aren't even out as yet."
Diese Geschichte stammt aus der March 12, 2023-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der March 12, 2023-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?
GOING INTO THE 2022 T20 World Cup in Australia Dinesh Karthik was assigned the finisher role and the batting lineup was built accordingly.
Nestle adds sugar to infant milk and cereal, finds report
A NEW REPORT has revealed that Nestle, the world's largest consumer goods and manufacturer of baby formula, is adding sugar to infant milk and cereal products sold in India, and other Asian, and African countries.
India-made Daimler's electric mini truck to hit the road soon
INDIA WILL BE host to German trucking giant Daimler's only electric vehicle plant outside of Europe and Japan when it launches a locally-made electric light cargo truck in FY25.
Samsung eyes ₹10,000 cr from India TV biz this year
SOUTH KOREAN GIANT Samsung is targeting a turnover of ₹10,000 crores for its television business in India this year, driven by growth in sales of its mid to-premium segment models, said Mohandeep Singh, senior VP, consumer electronics business in India.
Microsoft AI Copilot speed boost for coding
WHEN SOFTWARE DEVELOPER Nikolai Avteniev got his hands on a preview version of Microsoft's Copilot coding assistant in 2021, he quickly saw the potential.
US, China debt pose risks for global public finances: IMF
THE WORLD's TWO great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with US spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said in a report.
Language models in consumer tech
This move is designed to ensure better user experience & privacy
'Data centres' energy use doubles every four years'
Data centres are significant energy consumers, using about 2% of the world's power and emitting carbon dioxide equivalent to the airline industry.
Vi FPO: Foreign players invest big; about ₹5,400 crore raised
GQG, Fidelity buy almost 40% of the anchor investor portion