Might just be good business practice by the auto makers. Don't build it, till it's ordered, then no stock sitting around when the next year's model comes out. Especially considering that the past 2 years, 10s of millions of people haven't worked, and their financial priorities are focused on maybe eating & paying for their home, instead of a new car.
Along with the 10's o millions, that sold their 2nd car or even downgraded their only car, and now a glut of 2nd hand cars fairly new out there. Buyer's market at that. Probably take more than a few years for people's finance to recover, if at all, with the silly fake inflation being forced on them.
Work expect this to be the new business selling model for the future.
Is there a shortage of new cars?
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Dannie Boy
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Re: Is there a shortage of new cars?
You obviously don’t follow the motor sector very closely, otherwise you’d be aware that it’s the shortage of semiconductors that’s affecting the availability of new cars, rather than it being any kind of business model.KhunLA wrote: ↑Fri Apr 22, 2022 7:39 am Might just be good business practice by the auto makers. Don't build it, till it's ordered, then no stock sitting around when the next year's model comes out. Especially considering that the past 2 years, 10s of millions of people haven't worked, and their financial priorities are focused on maybe eating & paying for their home, instead of a new car.
Along with the 10's o millions, that sold their 2nd car or even downgraded their only car, and now a glut of 2nd hand cars fairly new out there. Buyer's market at that. Probably take more than a few years for people's finance to recover, if at all, with the silly fake inflation being forced on them.
Work expect this to be the new business selling model for the future.
As for the price of second hand cars, this will vary depending on many local factors, but with a reduction in the availability of new cars, many second-hand car markets have seen prices rise, rather than fall, despite the impact of Covid - I’d be surprised if Thailand was very different!!
Re: Is there a shortage of new cars?
Here is how it is in Australia:
.................................................................................................
Shock new reason for car delays and price rises
https://www.drive.com.au/news/shock-new ... ice-rises/
A series of unexpected setbacks has slammed the brakes on new-car deliveries across Australia and threatens to push up prices. The semiconductor shortage has received most of the blame so far, but there are two other important factors that will make it hard to drive a bargain for the foreseeable future.
The waiting time for a new car is not likely to improve until the second half of 2022 – high-ranking automotive industry insiders have warned – because of two new threats to the supply chain that are specific to Australia.
Shipping has emerged as the new battle ground – and choke point – for getting new cars into local showrooms and on customer driveways.
Automotive logistics experts say the number of car-carrying freighters coming to Australia has halved since the start of the global pandemic, because a number of shipping companies are trying to avoid the risk of lengthy quarantine waiting times due to crew COVID outbreaks or agriculture breaches such as stink bugs – and ships are having to be reconfigured to meet our changing taste in cars.
The available space on car-carrying ships bound for Australia now comes at a higher cost, not only due to a lack of frequency but also due to the types of vehicles we are buying.
The shift towards larger vehicles such as utes, four-wheel-drives, and – in particular – vans has placed unexpected and unprecedented pressure on car-carrying ships headed for Australia.
The rapid rise in online sales during the pandemic – and subsequent spike in parcel deliveries – has seen demand for high-roof vans more than double in Australia.
But not all car carrying ships are configured to accomodate them in sufficient numbers.
While some car-carrying ships have adjustable decks – to accomodate taller vehicles – high-roof vans and other large vehicles leave unused space above them, which makes them less efficient and more costly to transport.
“High-roof vans are long and tall and, in round numbers, take up the equivalent space of two or three passenger cars, and the shipping companies charge for that,” said one automotive industry insider, who estimated vehicle shipping costs had risen from $1200 to $1600 for a ute or an SUV, and from $2100 to $3900 for a long-wheelbase high-roof van.
An added complexity: international shipping is customarily paid for in US dollars, which means Australian vehicle importers also have currency exchange rates to contend with when establishing drive-away prices.
“Cost is one barrier, now finding space on a ship is increasingly becoming a concern,” said the industry insider.
The logistics expert explained most car-carrying shipping decks are primarily split into vehicles of three heights: below 2 metres, below 2.5 metres, and above 2.5 metres. High-roof vans and other large vehicles fall into the latter category.
Industry insiders say car companies are prioritising passenger cars, SUVs, and utes that fall under the 2 metre limit because those vehicles are in the highest demand and, due to their vast numbers, deliver the most overall profit.
Larger vehicles such as high-roof vans and US pick-ups are making their way onto car-carriers bound for Australia, but ships are not running frequently enough to meet the current high level of customer demand.
“There hasn’t been a new (car-carrying ship) built since COVID started, and most of the ships are only configured to carry a small proportion of larger vehicles,” said one logistics industry insider who has intimate knowledge of car shipping in Australia, who spoke to Drive on condition of anonymity as he is not authorised to talk to media on behalf of his company.
“On average, there used to be at least four car-carrying ships docking in Australia each week – two would travel clockwise and two would travel anti-clockwise around the country dropping off cars at major ports,” said the industry insider.
“Now there are only about two (car-carrying ships) a week on average coming to Australia because (some) shipping companies don’t want to take the risk of being quarantined off the coast if a crew member has COVID, or don’t want to reconfigure their ships and so can’t operate as efficiently.”
Another telling sign that reveals the true scope of Australia's ongoing new-car stock shortage: vehicle storage facilities across the country are currently at less than 30 per cent capacity.
Prior to the pandemic, new cars were held in storage – between the docks and the dealers – for between 45 and 60 days. Today, the average time a new vehicle is in storage between the docks and the dealers is less than 7 days – and some logistics businesses have gone bust.
While most car companies are being held to ransom by the shipping lines, South Korean conglomerate Hyundai-Kia is largely immune from this challenge because Hyundai builds its own ships and has its own car-carrying freighters, which operate under the GLOVIS name.
Hyundai and Kia still find themselves with chronic stock shortages and lengthy delivery delays, however it is primarily due to the semiconductor crisis that has crippled the global automotive industry over the past 12 months.
Car giant Toyota – the largest automaker in the world and the number one brand in Australia – recently took the unprecedented step of apologising to customers across the country, many of whom are waiting for up to 10 months to take delivery of popular models.
Amid the new-car shortage – which veterans of the automotive industry believe has not happened since World War II – the Australian Automotive Dealers Association (AADA) has also apologised to customers in the queue and pleaded with them to be patient.
“We are as frustrated as many of our customers are,” said AADA boss James Voortman. “Unfortunately the current new-car shortage is beyond our control and we are doing our best to keep our customers updated, but unfortunately that information can change daily or weekly.
“Our advice to customers remains the same as it was at the beginning of this unprecedented shortage,” said Mr Voortman. “If you want to buy a new car, please place and order get in the queue so when stock does arrive we can get you into a new car as soon as possible.”
.................................................................................................
Shock new reason for car delays and price rises
https://www.drive.com.au/news/shock-new ... ice-rises/
A series of unexpected setbacks has slammed the brakes on new-car deliveries across Australia and threatens to push up prices. The semiconductor shortage has received most of the blame so far, but there are two other important factors that will make it hard to drive a bargain for the foreseeable future.
The waiting time for a new car is not likely to improve until the second half of 2022 – high-ranking automotive industry insiders have warned – because of two new threats to the supply chain that are specific to Australia.
Shipping has emerged as the new battle ground – and choke point – for getting new cars into local showrooms and on customer driveways.
Automotive logistics experts say the number of car-carrying freighters coming to Australia has halved since the start of the global pandemic, because a number of shipping companies are trying to avoid the risk of lengthy quarantine waiting times due to crew COVID outbreaks or agriculture breaches such as stink bugs – and ships are having to be reconfigured to meet our changing taste in cars.
The available space on car-carrying ships bound for Australia now comes at a higher cost, not only due to a lack of frequency but also due to the types of vehicles we are buying.
The shift towards larger vehicles such as utes, four-wheel-drives, and – in particular – vans has placed unexpected and unprecedented pressure on car-carrying ships headed for Australia.
The rapid rise in online sales during the pandemic – and subsequent spike in parcel deliveries – has seen demand for high-roof vans more than double in Australia.
But not all car carrying ships are configured to accomodate them in sufficient numbers.
While some car-carrying ships have adjustable decks – to accomodate taller vehicles – high-roof vans and other large vehicles leave unused space above them, which makes them less efficient and more costly to transport.
“High-roof vans are long and tall and, in round numbers, take up the equivalent space of two or three passenger cars, and the shipping companies charge for that,” said one automotive industry insider, who estimated vehicle shipping costs had risen from $1200 to $1600 for a ute or an SUV, and from $2100 to $3900 for a long-wheelbase high-roof van.
An added complexity: international shipping is customarily paid for in US dollars, which means Australian vehicle importers also have currency exchange rates to contend with when establishing drive-away prices.
“Cost is one barrier, now finding space on a ship is increasingly becoming a concern,” said the industry insider.
The logistics expert explained most car-carrying shipping decks are primarily split into vehicles of three heights: below 2 metres, below 2.5 metres, and above 2.5 metres. High-roof vans and other large vehicles fall into the latter category.
Industry insiders say car companies are prioritising passenger cars, SUVs, and utes that fall under the 2 metre limit because those vehicles are in the highest demand and, due to their vast numbers, deliver the most overall profit.
Larger vehicles such as high-roof vans and US pick-ups are making their way onto car-carriers bound for Australia, but ships are not running frequently enough to meet the current high level of customer demand.
“There hasn’t been a new (car-carrying ship) built since COVID started, and most of the ships are only configured to carry a small proportion of larger vehicles,” said one logistics industry insider who has intimate knowledge of car shipping in Australia, who spoke to Drive on condition of anonymity as he is not authorised to talk to media on behalf of his company.
“On average, there used to be at least four car-carrying ships docking in Australia each week – two would travel clockwise and two would travel anti-clockwise around the country dropping off cars at major ports,” said the industry insider.
“Now there are only about two (car-carrying ships) a week on average coming to Australia because (some) shipping companies don’t want to take the risk of being quarantined off the coast if a crew member has COVID, or don’t want to reconfigure their ships and so can’t operate as efficiently.”
Another telling sign that reveals the true scope of Australia's ongoing new-car stock shortage: vehicle storage facilities across the country are currently at less than 30 per cent capacity.
Prior to the pandemic, new cars were held in storage – between the docks and the dealers – for between 45 and 60 days. Today, the average time a new vehicle is in storage between the docks and the dealers is less than 7 days – and some logistics businesses have gone bust.
While most car companies are being held to ransom by the shipping lines, South Korean conglomerate Hyundai-Kia is largely immune from this challenge because Hyundai builds its own ships and has its own car-carrying freighters, which operate under the GLOVIS name.
Hyundai and Kia still find themselves with chronic stock shortages and lengthy delivery delays, however it is primarily due to the semiconductor crisis that has crippled the global automotive industry over the past 12 months.
Car giant Toyota – the largest automaker in the world and the number one brand in Australia – recently took the unprecedented step of apologising to customers across the country, many of whom are waiting for up to 10 months to take delivery of popular models.
Amid the new-car shortage – which veterans of the automotive industry believe has not happened since World War II – the Australian Automotive Dealers Association (AADA) has also apologised to customers in the queue and pleaded with them to be patient.
“We are as frustrated as many of our customers are,” said AADA boss James Voortman. “Unfortunately the current new-car shortage is beyond our control and we are doing our best to keep our customers updated, but unfortunately that information can change daily or weekly.
“Our advice to customers remains the same as it was at the beginning of this unprecedented shortage,” said Mr Voortman. “If you want to buy a new car, please place and order get in the queue so when stock does arrive we can get you into a new car as soon as possible.”
- kfsnjbwrdk3nrbl7qsfw.jpg (152.61 KiB) Viewed 748 times
May you be in heaven half an hour before the devil know`s you`re dead!
Re: Is there a shortage of new cars?
I don't know what to say about this, except that any shortages may be location specific. Daughter and I had to go into Pattaya today for Pfizer #3. We drove past a Ford, Mazda and Honda dealership and all three where packed full of new stock, both showroom and parking lot. Not a scientific study but quite obvious new cars are available there in big numbers.
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
Re: Is there a shortage of new cars?
I really don't believe much of anything in the news any more. They seem to have an excuse for everything. When it usually comes down to supply & demand.Dannie Boy wrote: ↑Fri Apr 22, 2022 8:00 am You obviously don’t follow the motor sector very closely, otherwise you’d be aware that it’s the shortage of semiconductors that’s affecting the availability of new cars, rather than it being any kind of business model.
As for the price of second hand cars, this will vary depending on many local factors, but with a reduction in the availability of new cars, many second-hand car markets have seen prices rise, rather than fall, despite the impact of Covid - I’d be surprised if Thailand was very different!!
If half the 'sky is falling' they push is even close to true, then they could push out all the cars they want, people aren't buying. Since economics rules the world, guessing my thoughts may or may not be closer to the truth.
If I believed the news, then everything is Trump's fault, Biden is the new savior, and WW3 is starting next week.
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handdrummer
- Addict
- Posts: 5389
- Joined: Mon Mar 03, 2014 11:58 am
Re: Is there a shortage of new cars?
Apart from Biden, your last paragraph may be true.KhunLA wrote: ↑Fri Apr 22, 2022 3:00 pmI really don't believe much of anything in the news any more. They seem to have an excuse for everything. When it usually comes down to supply & demand.Dannie Boy wrote: ↑Fri Apr 22, 2022 8:00 am You obviously don’t follow the motor sector very closely, otherwise you’d be aware that it’s the shortage of semiconductors that’s affecting the availability of new cars, rather than it being any kind of business model.
As for the price of second hand cars, this will vary depending on many local factors, but with a reduction in the availability of new cars, many second-hand car markets have seen prices rise, rather than fall, despite the impact of Covid - I’d be surprised if Thailand was very different!!
If half the 'sky is falling' they push is even close to true, then they could push out all the cars they want, people aren't buying. Since economics rules the world, guessing my thoughts may or may not be closer to the truth.
If I believed the news, then everything is Trump's fault, Biden is the new savior, and WW3 is starting next week.
-
handdrummer
- Addict
- Posts: 5389
- Joined: Mon Mar 03, 2014 11:58 am
Re: Is there a shortage of new cars?
Nereus wrote: ↑Fri Apr 22, 2022 12:21 pm Here is how it is in Australia:
.................................................................................................
Shock new reason for car delays and price rises
https://www.drive.com.au/news/shock-new ... ice-rises/
A series of unexpected setbacks has slammed the brakes on new-car deliveries across Australia and threatens to push up prices. The semiconductor shortage has received most of the blame so far, but there are two other important factors that will make it hard to drive a bargain for the foreseeable future.
The waiting time for a new car is not likely to improve until the second half of 2022 – high-ranking automotive industry insiders have warned – because of two new threats to the supply chain that are specific to Australia.
Shipping has emerged as the new battle ground – and choke point – for getting new cars into local showrooms and on customer driveways.
Automotive logistics experts say the number of car-carrying freighters coming to Australia has halved since the start of the global pandemic, because a number of shipping companies are trying to avoid the risk of lengthy quarantine waiting times due to crew COVID outbreaks or agriculture breaches such as stink bugs – and ships are having to be reconfigured to meet our changing taste in cars.
The available space on car-carrying ships bound for Australia now comes at a higher cost, not only due to a lack of frequency but also due to the types of vehicles we are buying.
The shift towards larger vehicles such as utes, four-wheel-drives, and – in particular – vans has placed unexpected and unprecedented pressure on car-carrying ships headed for Australia.
The rapid rise in online sales during the pandemic – and subsequent spike in parcel deliveries – has seen demand for high-roof vans more than double in Australia.
But not all car carrying ships are configured to accomodate them in sufficient numbers.
While some car-carrying ships have adjustable decks – to accomodate taller vehicles – high-roof vans and other large vehicles leave unused space above them, which makes them less efficient and more costly to transport.
“High-roof vans are long and tall and, in round numbers, take up the equivalent space of two or three passenger cars, and the shipping companies charge for that,” said one automotive industry insider, who estimated vehicle shipping costs had risen from $1200 to $1600 for a ute or an SUV, and from $2100 to $3900 for a long-wheelbase high-roof van.
An added complexity: international shipping is customarily paid for in US dollars, which means Australian vehicle importers also have currency exchange rates to contend with when establishing drive-away prices.
“Cost is one barrier, now finding space on a ship is increasingly becoming a concern,” said the industry insider.
The logistics expert explained most car-carrying shipping decks are primarily split into vehicles of three heights: below 2 metres, below 2.5 metres, and above 2.5 metres. High-roof vans and other large vehicles fall into the latter category.
Industry insiders say car companies are prioritising passenger cars, SUVs, and utes that fall under the 2 metre limit because those vehicles are in the highest demand and, due to their vast numbers, deliver the most overall profit.
Larger vehicles such as high-roof vans and US pick-ups are making their way onto car-carriers bound for Australia, but ships are not running frequently enough to meet the current high level of customer demand.
“There hasn’t been a new (car-carrying ship) built since COVID started, and most of the ships are only configured to carry a small proportion of larger vehicles,” said one logistics industry insider who has intimate knowledge of car shipping in Australia, who spoke to Drive on condition of anonymity as he is not authorised to talk to media on behalf of his company.
“On average, there used to be at least four car-carrying ships docking in Australia each week – two would travel clockwise and two would travel anti-clockwise around the country dropping off cars at major ports,” said the industry insider.
“Now there are only about two (car-carrying ships) a week on average coming to Australia because (some) shipping companies don’t want to take the risk of being quarantined off the coast if a crew member has COVID, or don’t want to reconfigure their ships and so can’t operate as efficiently.”
Another telling sign that reveals the true scope of Australia's ongoing new-car stock shortage: vehicle storage facilities across the country are currently at less than 30 per cent capacity.
Prior to the pandemic, new cars were held in storage – between the docks and the dealers – for between 45 and 60 days. Today, the average time a new vehicle is in storage between the docks and the dealers is less than 7 days – and some logistics businesses have gone bust.
While most car companies are being held to ransom by the shipping lines, South Korean conglomerate Hyundai-Kia is largely immune from this challenge because Hyundai builds its own ships and has its own car-carrying freighters, which operate under the GLOVIS name.
Hyundai and Kia still find themselves with chronic stock shortages and lengthy delivery delays, however it is primarily due to the semiconductor crisis that has crippled the global automotive industry over the past 12 months.
Car giant Toyota – the largest automaker in the world and the number one brand in Australia – recently took the unprecedented step of apologising to customers across the country, many of whom are waiting for up to 10 months to take delivery of popular models.
Amid the new-car shortage – which veterans of the automotive industry believe has not happened since World War II – the Australian Automotive Dealers Association (AADA) has also apologised to customers in the queue and pleaded with them to be patient.
“We are as frustrated as many of our customers are,” said AADA boss James Voortman. “Unfortunately the current new-car shortage is beyond our control and we are doing our best to keep our customers updated, but unfortunately that information can change daily or weekly.
“Our advice to customers remains the same as it was at the beginning of this unprecedented shortage,” said Mr Voortman. “If you want to buy a new car, please place and order get in the queue so when stock does arrive we can get you into a new car as soon as possible.”
kfsnjbwrdk3nrbl7qsfw.jpg
Australia should have kept making the Holden, without chips, in-country.
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Dannie Boy
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Re: Is there a shortage of new cars?
An article regarding the shortages of semiconductors affecting car (and other) manufacturers.
https://www.mckinsey.com/industries/aut ... or-success
https://www.mckinsey.com/industries/aut ... or-success
Re: Is there a shortage of new cars?
All new cars that I purchased in Thailand, had a 1 to 3 month wait to get. They were made/assembled in Thailand.
Vios (2) - 2002/2006
Mazda 2 - 2012
MG ZS - 2020
Vios (2) - 2002/2006
Mazda 2 - 2012
MG ZS - 2020
Re: Is there a shortage of new cars?
I made my much anticipated return to Ford today, and there were 3 times as many cars in the showroom. However, all 3 cars were the same model 
So if you want to buy a Ford Everest or a Ford Everest or a Ford Everest, Ford Hua Hin is the place to go 
[Edit] You had a choice of black or white.
So if you want to buy a Ford Everest or a Ford Everest or a Ford Everest, Ford Hua Hin is the place to go [Edit] You had a choice of black or white.
Championship Stoke City 3 - 0 Plymouth Argyle 
Points 48; Position 20
Points 48; Position 20
Re: Is there a shortage of new cars?
^ Yes. At the Ford dealer I passed in Pattaya yesterday the majority present were Ranger and Everest models.
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source
Re: Is there a shortage of new cars?
Apparently the only models available in Thailand unless you want a Mustang
https://www.ford.co.th/en/buying/price-list/#
“Never argue with an idiot. They will only bring you down to their level and beat you with experience.”
― George Carlin
“The further a society drifts from the truth, the more it will hate those who speak it.” -George Orwell.
― George Carlin
“The further a society drifts from the truth, the more it will hate those who speak it.” -George Orwell.
Re: Is there a shortage of new cars?
I was at Isuzu today and pickups don't seem to be too much of a problem, they quoted four weeks which I think is pretty normal.
Re: Is there a shortage of new cars?
Domestic car sales rise in March, as car exports fall
https://www.bangkokpost.com/business/23 ... ports-fall
Domestic car sales in March rose 9.1% from a year earlier to 87,245 units, helped by improved economic activity following an easing of coronavirus curbs and relief measures, the Federation of Thai Industries (FTI) said on Monday.
Higher-than-expected bookings during the Bangkok International Motor Show between late March and early April were also a boost, Surapong Paisitpattanapong, a spokesman for FTI's automotive industry division, told a news conference.
In the first quarter of 2022, car sales jumped 19.1% from a year earlier to 231,189 vehicles, he said.
"Given a very strong first quarter, there is a high chance that car sales will reach 900,000 units this year, exceeding our target," he said.
Earlier, the FTI forecast domestic car sales of 800,000 to 850,000 vehicles and exports of 950,000 to 1 million cars.
Thailand is a regional vehicle production and export base for the world's top carmakers, including Toyota, Honda and Mitsubishi.
The industry accounts for about 10% of Thailand's gross domestic product and its manufacturing jobs.
However, exports of cars dropped by 10.2% year-on-year to 93,840 vehicles in March and fell by 5.8% to 243,124 units in the January-March period, due partly to a shortage of microchips for some car models, Surapong said.
In February, domestic car sales rose 26.3% year-on-year to 74,489 cars, while auto shipments dipped 0.02% to 79,451.
https://www.bangkokpost.com/business/23 ... ports-fall
Domestic car sales in March rose 9.1% from a year earlier to 87,245 units, helped by improved economic activity following an easing of coronavirus curbs and relief measures, the Federation of Thai Industries (FTI) said on Monday.
Higher-than-expected bookings during the Bangkok International Motor Show between late March and early April were also a boost, Surapong Paisitpattanapong, a spokesman for FTI's automotive industry division, told a news conference.
In the first quarter of 2022, car sales jumped 19.1% from a year earlier to 231,189 vehicles, he said.
"Given a very strong first quarter, there is a high chance that car sales will reach 900,000 units this year, exceeding our target," he said.
Earlier, the FTI forecast domestic car sales of 800,000 to 850,000 vehicles and exports of 950,000 to 1 million cars.
Thailand is a regional vehicle production and export base for the world's top carmakers, including Toyota, Honda and Mitsubishi.
The industry accounts for about 10% of Thailand's gross domestic product and its manufacturing jobs.
However, exports of cars dropped by 10.2% year-on-year to 93,840 vehicles in March and fell by 5.8% to 243,124 units in the January-March period, due partly to a shortage of microchips for some car models, Surapong said.
In February, domestic car sales rose 26.3% year-on-year to 74,489 cars, while auto shipments dipped 0.02% to 79,451.
Governments are instituted among Men, deriving their just powers from the consent of the governed. Source