Has finding the perfect car for your Dayton lifestyle been difficult over the past few months? If you don’t know why, it can be frustrating. Your experience is a direct reflection of the current chip shortage. It is having a major impact on not just the automotive industry, but a variety of products around the world. So, what is the chip shortage and what is causing the chip shortage? Get all of your questions and concerns answered by Dave Arbogast Buick GMC. We’ll also help you strategize so you can drive your dream vehicle on Springfield in no time!
As you may have noticed while doing your car research, there are a variety of new technologies available in new model years. Chips make all of those cool features possible. They also support the electrical functions and powertrain of the vehicle. In fact, new cars utilize an estimated 1,400 to 3,000 microchips per year, making up 15% of the world’s chip production. They are important to your overall driving experience. Without chips, simple tasks, such as changing the position of your seat, are impossible.
During the pandemic, most semiconductor chips were manufactured for entertainment devices, since people weren’t buying as many cars. In some cases, COVID-19 completely halted production in various factories, reducing the amount of chips made per month. The auto market has been struggling to regain its footing, now that the pandemic has ended and people are once again shopping for cars. Some chip shortages could last into 2024, even as the supply of materials needed to manufacture chips improves.
Now that you know what chip shortage is, it’s time to find a new strategy that will benefit you in this particular situation:
Now that you know what the chip shortage is for cars, you can fine tune some of the strategies above to create the best plan for you. Feel free to contact our finance department if you have any questions!
The myGMC mobile app transforms your smartphone into a powerful command center for your GMC vehicle, offering unprecedented connectivity, control, and convenience. As vehicles become increasingly connected, this innovative application serves as a vital link between owners and their GMC trucks, SUVs, and crossovers, providing essential features that enhance the ownership experience. Remote Vehicle Management…
Buick’s commitment to luxury has reached new heights with its latest suite of innovative features, combining advanced technology with premium comfort. The 2025 lineup showcases groundbreaking developments that position Buick as a frontrunner in the luxury vehicle segment. At the forefront is Buick’s enhanced QuietTuning technology, utilizing active noise cancellation and triple-sealed doors to create…
GMC’s commitment to driver and passenger safety has revolutionized the automotive industry through its comprehensive Pro Safety suite. This advanced technology package combines intelligent sensors, cameras, and radar systems to create a protective sphere around your vehicle, dramatically reducing accident risks and enhancing driver confidence. At the heart of GMC Pro Safety is Forward Collision…