There is a significant rise in demand for new cars and SUVs during festive season in our market. However, automakers are unable to meet the rising demand due to global shortage of semi-conductor chips. In this article, we bring you a list of top 5 SUVs with a waiting period of over 9 months in the Indian market.
1. Mahindra Thar – 12 Months Waiting Period
The second generation Mahindra Thar was launched in the late 2020. It received an overwhelming response from buyers, which even Mahindra wasn’t expecting at the time of the launch. The SUV bags over 75,000 bookings in less than 1 year. Due to chip shortage and limited production, Mahindra is unable to meet the demand. The lifestyle SUV currently commands a waiting period of 12 months.
2. Hyundai Creta – 9 Months Waiting Period
The second generation Hyundai Creta has been India’s best-selling model since its launch in the first half of 2021. The company is constantly selling over 12,000 units per month; however, the riding demand and shortage of semi-conductor chips have also impacted the Creta’s production. The SUV has a waiting period of close to 9 months, depending upon variant and colour.
3. Nissan Magnite – 8 Months Waiting Period
Launched last year, the Nissan Magnite sub-compact SUV has been an instant hit among budget car buyers of India. The company is constantly delivering close to 3,000 units per month; however, the demand is significantly higher. The production constraints and chip shortage further adds to its rising waiting time. The Magnite currently has a waiting period of around 8 months.
4. Mahindra XUV700 – 6 Months to 12 Months
The newly launched Mahindra XUV700 surprised many with its outstanding pricing strategy. The SUV recorded a massive 50,000 bookings in just 2 days, and the numbers keep rising with every day passing. The company is reportedly planning to deliver around 25,000 cars by February 2022. This suggests that the SUV is likely to offer a waiting period of over 12 months.
5. Tata Nexon – 5-6 Months
The Tata Nexon sub-4 meter SUV has been one of the best-selling sub-4 meter SUVs in our market. In fact, the September sales suggest that the Nexon is the best-selling model in its league. The demand is constantly rising, as it currently commands a waiting period of around 5 to 6 months.
