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Mahindra

Waiting Period to Rise as Mahindra to shut down production for a week in September 2021

Mahindra XUV700 will not be affected by shut down

The global semiconductor crisis has become the biggest obstacle for the car manufacturer. The crisis is not going to end anytime soon. It has affected all Car manufacturers, including Maruti Suzuki, which recently announced a massive 60 per cent cut in production due to chip shortage. Now Mahindra has joined the bandwidth and announced a similar measure.

Mahindra has said that the company will be observing ‘No production days’ for approximately seven days in the month of September 2021. It is estimated to result in a reduction in production volumes by 20-25 per cent.

The brand further added that the move would not impact the launch and production ramp-up of the XUV700, and the bookings for its latest model are set to commence soon. The upcoming XUV700, the production and launch plans of which remain on schedule.

However, Mahindra Thar will be most impacted by this as the waiting period is expected to rise above 10 months. Thar is the most demanding SUV as it got over 39,000 bookings.

Other than Thar, Bolero Pik-Up will be most impacted also due to its diesel variant and rising demand because of the boom in e-commerce. The Bolero Pik-Up has seen 30,000 bookings this more than the combined booking of XUV 300, Bolero, and Scorpio.

[Source]