vehicle sales on dussehra plunged by 77 in gujarat this year as compared to last years muhurat purchases according to the estimates by federation of automobile dealers association fada ahmedabad even though the demand for cars is upbeat this year dealers have failed to cash in due to supply constraints triggered by global semiconductor shortage vehicle sales on dussehra plunged by 77 in gujarat this year as compared to last years muhurat purchases according to the estimates by federation of automobile dealers association fada some 6800 cars and 19500 twowheelers were delivered from showrooms across the state according to fada data this was much lower than the 21000 car deliveries and 7500 twowheeler deliveries on dussehra last yearthat demand for cars is upbeat this year is clear from the booking numbers remaining high however dealers are facing a serious inventory crisis as automakers have cut production consequently dealers are unable to meet demand from customers and see sales revive said pranav shah the gujarat region chairman of fada advt car dealers have barely ten days worth of inventory and even then indemand models are not available i booked my car and the delivery was expected on dussehra but due to some constraints i will be taking delivery on dhanteras now said a citybased professional who asked not to be namedcompanies are offering attractive good discounts and dealers are also offering incentives to draw buyersdemand is good but the supply shortage is eroding our festive season business a major bottleneck is that customers cannot get models of their choice and are compelled to settle for other models said jigar vyas the ceo of a dealership in ahmedabadfor certain models wait times have increased to as high as eight months and weve stopped accepting orders weve told prospective customers to leave their contact details and we will get back to them whenever the cars are available vyas addedmany dealers said that theyre expecting deliveries from manufacturers in the second half of october and expect sales to be good in the dhanterasdiwali periodindustry players say the majority of buyers are opting for financing and are reducing down payments nonbanking finance companies are also offering attractive interest rates dealers sayalso readshortage of chips stretches waiting period for new carsaccording to wholesale delivery data of cars dispatched to dealerships there has been a decline in volumes with belowpar production levels at factories of companies such as maruti suzuki hyundai tata motors and mahindrasee more details by niyati parikh published on oct 16 2021 at 0247 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights