Huge demand, low supply

Car makers in India couldn't wish anything like that what is happening in the car market now. The festive season, interest rates and new car launches made the customers to go for four-wheelers. As a result, many of the established car brands in India are out of stock. Thanks to the huge demand of the cars. The cars which are not available for immediate delivery are Honda City, Maruti Ritz, Maruti Swift Dzire, Hyundai i20 and Toyota Fortuner. The stores are empty from past ten days and the customers would have to wait for a long time as the supply is not adequate due to the low production. The reason is present demand is more than expected or many of the firms start production after the customers response. General Motors is working on Sunday to meet the demand. GM's small car Chevrolet Spark, Chevrolet Aveo sedan and utility vehicle Chevrolet Tavera's demand is high. Domestic car market is expected to scale new sales graph for the fiscal in September on the back of this huge demand. This would help the industry surpass the mark of 1.2 lakh cars that were sold in August in India. This also suggests that both and will be in demand for a long period.