Daijiworld Media Network - New Delhi

New Delhi, Oct 4: The festive season has brought cheers to the automobile industry with a surge in bookings following GST cuts and price reductions, but manufacturers are now struggling to deliver vehicles on time due to logistics bottlenecks and shortage of key components.

Customers are eager to take delivery of new vehicles around Dhanteras and Diwali, but companies are facing a severe shortage of trucks and trailers, while the scarcity of rare earth magnets from China is further delaying production — especially in the electric and two-wheeler segments.

Industry officials told TOI that the sudden spike in demand for deliveries across automobiles, FMCG, e-commerce, fashion, and lifestyle sectors has put immense pressure on the trucking network. “Ad

See Full Page