In the Indian car market, we've seen a rise in demand for newly launched cars in recent times. However, due to factors like semiconductor chip shortage, carmakers cannot satiate that demand promptly. This has led to many popular cars having sky-high waiting periods nowadays.
The current price range for Mahindra's XUV700 is Rs 13.18 lakh to Rs 24.58 lakh. It currently occupies a prominent position among the hottest models in its market. The XUV700, available with both petrol and diesel engines, has been in high demand since it was introduced. It is still at the top of the waiting list, and some XUV700 models can take up to 21 months to arrive. That almost equals two years!
The Kia Carens, the South Korean automaker's most popular model in India, is next in line and has the second-longest wait time. A 6- or 7-seater MUV called the Carens is available in 19 variations. Kia provides manual and automatic transmissions and various gasoline and diesel engines.
Delivery can take up to 8 months for versions like the 1.4L turbo petrol and 1.5L diesel variants, but it can take up to 18 months for the 1.5L NA Petrol type. But in no way has this decreased the need for Carens.
Maruti Suzuki gave its top-selling model, Ertiga, a facelift this year. It received many more CNG kits on variants than the previous edition. Ertiga has a 1.5L petrol engine as standard equipment, except the CNG model. The delivery time for CNG variations, which is approximately nine months, is substantially longer than it is for petrol variants, which can take up to four months to arrive.
The Hyundai vehicle with the longest wait time is the Creta. Additionally, Creta provides petrol and diesel models, which are equally favoured in the Indian market. The waiting times for this popular mid-size SUV range from 10 to 30 weeks, depending on the version. For many models, the waiting times have also increased starting in May 2022 by 4 to 6 weeks.
Since the Toyota Fortuner's introduction many years ago, it has performed well. Even for the last iteration of the Fortuner, sales have continued to soar. Even with the high price, the Fortuner faces high demands that might last up to 4 months.