Festive Drive touches a roadblock while car manufacturers are struggling to deliver in the midst of truck, magnetic deficiency

The car industry of India witnesses an increase in the festive question, but vehicle makers are confronted with delivery blocks due to the delivery due to a shortage of trucks, trailers and rare earth magnets, De Times or India reported.

The situation had car manufacturers raced by time to ensure that customers get their vehicles around Dhanteras and Diwali.

The sale of cars and two-wheelers have been picked up strongly after GST deployment came into force on 22 September, with factories that sent an estimated 3.75-3.8 Lakh vehicles in September, an increase of 5-6% compared to last year. However, retail sales have risen even more and increases around 25% as customers benefited from tax cuts, festive offers and Navratri -Timing.

Industry officials said toi that the sudden demand for demand in cars, FMCG, e-commerce, fashion and lifestyle sectors “has created enormous pressure on the truck industry with fleets that work around the country”. An official added: “Add to this the usual gifting around Diwali and you have a problem that is increasingly becoming very challenging to resolve.”

Nalini -Gollagunta, CEO of the Automotive Division of M&M, said: “In festive demand, Surge led to important limitations on the availability of trailers. We are working on improving shipments to our dealer network within limitations.”

Maruti Suzuki is also struggling to meet the demand after the GST-driven revival in the sale of small cars. “We have deliveries of 2.5 LAKH vehicles, and most people prefer it around Diwali. We now work overtime and use railways to ensure that dispatches take place faster and on time,” Partho Banerjee, Senior Executive Officer (Marketing & Sales) at Maruti Suzuki, TOI had the end of the festival. Amit Kamat, Chief Commercial Officer at Tata Motors Passenger Vehicles, said that the question that Spike started after September 22 when GST reduced reduction began. “We expect that this increase will be temporary and work with logistics partners to speed up shipments … Despite challenges, we work tirelessly on accelerating deliveries to our dealer’s shipping in the time for Diwali, he said.

Luxury car manufacturers are also not immune. Hardep Singh Brar, President and CEO of BMW Group India, said: “Customers like to take the delivery to Dhanteras and Diwali. This year the demand for deliveries on these specific days is much higher if the raised question comes into play from August also … If the Bottleneck was suddenly opened, there were certain logistics challenges in the start, but they were now, but they were in the start, but” “

Makers of two-wheelers are confronted with a double-blow-logistics challenges and a shortage of rare earth magnets, a critical component for electricity. A senior official of a leading company told Toi: “The reduction of retail prices has led to a sudden rise in demand for scooters and motorcycles. Rare earth magnet problem hinders production. Sudden rush in bookings leads to pressure on deliveries.”

TVS Motor, Bajaj Auto and Royal Enfield all reported strong growth, with Royal Enfield achieving a jump of 43% in the sale of September. In commercial vehicles, TATA Motors and Ashok Leyland registered 16% and 7% respectively, while the segment of the agricultural equipment Mahindra tractors saw increasing by 50% in domestic turnover.

(With inputs of toi)