Vietnam runs out of luxurious automobiles

Many automobile manufacturers haven’t any luxurious automobiles to provide Vietnamese prospects as a result of world semiconductor scarcity.

Trung Kien, 33, from the northern province of Bac Ninh, mentioned he has been searching for a luxurious automotive with a price ticket of round VND7 billion ($300,000) for a month, however discovered nothing to purchase.

He mentioned he must wait for 3 to 6 months to get a preferred luxurious automotive delivered, as a result of scarcity of elements, particularly semiconductors and chips.

Over the past two years, provide from the world’s largest producer, China, has been trickling as a result of impacts of Covid-19, leading to a world scarcity.

Provide of luxurious automobiles in Vietnam is hit the toughest, as manufacturers deal with delivering orders to their main markets just like the U.S. or European international locations.

Mercedes-Benz prospects are mentioned to attend for no less than three months for some SUVs and S-class sedans, and as much as a yr for the ultra-luxury Maybach sedans and SUVs.

Some regionally made fashions, together with E-class sedans and GLC SUVs, are additionally in brief provide, so consumers should wait 1-2 months to get their unit delivered.

Many automobile sellers are accepting deposits however not promising after they can ship automobiles.

Vinh Nam, an skilled luxurious automotive salesperson in HCMC, mentioned prospects have gotten used to the present scarcity.

“They prioritize getting a automotive quite than a colour of selection and different choices”.

BMW used to have a reasonably regular provide regardless of having to import automobiles, however in current months provide has declined and consumers have to attend three to 6 months for supply.

Consumers of Porsche, Lexus and Land Rover have the longest ready time of 12-14 months relying on their selection of colour and choices, up from the sooner six to 9 months.

Many consumers are impatient and consequently do not make deposits with sellers, whereas some are turning to the grey market.

The scarcity of auto elements can be hurting consumers, with some manufacturers elevating their costs and chopping promotions.

Some fashions are being offered at above listed costs. A Land Cruiser LC300, as an example, is being supplied at VND5.5 billion, 37.5 % greater than the unique value.

Leave a Comment