Auto dealers flag dispatch delay as war hits parts supply
West Asia conflict is causing significant component supply delays for over half of Indian auto dealers, impacting commercial vehicles and specific car/two-wheeler variants.
Rising fuel prices are also influencing buyers towards greener options.
Carmakers are raising prices due to increased costs.
Despite these challenges, dealer confidence for future sales remains positive.
Hormuz blockade hits global trade
- 17 India-bound vessels with LPG, LNG, crude await transit near Hormuz Times Of India —
- Hormuz blockade disrupts Gulf limestone imports demand rises for Jaisalmer supply Times Of India —
- Iran Amplifies LNG Shortage by Blocking Passages Through Hormuz Bloomberg —
- ‘Tankering’ and ‘demand destruction’ – how Asian airlines are trimming schedules and carrying extra fuel Irish Independent —
- Analysis: Strait of Hormuz transit shifts to 'dual-corridor system' CGTN —