What Is the Chip Shortage for Cars?

If you’ve been searching for a vehicle around Amber, you have probably noticed that there isn’t much of a selection. And what is worse is the available costs are more due to increased demand. This is because of an automotive production crisis caused by a semiconductor chip shortage in Taiwan. But what is the chip shortage, and what is causing the chip shortage?

Take a moment to learn all about these strange times in the auto industry, and how John Holt Auto Group, Inc. can help you find the vehicle you want at a reasonable price, regardless of these obstacles. Chickasha drivers can find out more below, and then apply for financing online from the finance department at John Holt Auto Group, Inc. with confidence to know that we’re working to make sure that you’re getting the right model for you today.

What is Causing the Chip Shortage?

When the COVID-19 pandemic hit in 2020, auto manufacturers anticipated a decrease in sales, so they scaled production to avoid wasting money. This involved ordering far fewer semiconductor chips. So, what is the chip shortage for cars? First off, your vehicle implements thousands of semiconductor chips. They transmit signals throughout your vehicle’s electrical systems. Without them, you couldn’t use your infotainment system, safety system, or even roll down your window.

Because auto manufacturers downsized their orders, chip production was directed towards to increased demand for personal electronics. During the pandemic, there was a huge demand for new laptops, phones, video game consoles, exercise equipment, music equipment, and every other type of gadget that made life in quarantine easier. Neither the chip nor auto industries have been able to scale properly to this day, and automotive production isn’t expected to return to pre-pandemic levels until 2023 at the earliest. This shortage in inventory has increased demand, which has increased pricing. But when you shop with John Holt Auto Group, Inc., we have a method for helping you find the vehicle you want at a fair price.

How Can John Holt Auto Group, Inc. Help?

Now that you know why there is a new car inventory shortage and what is causing the chip shortage, you may be thinking twice about whether now is the best time to buy a car. When you work with John Holt Auto Group, Inc., you can rest assured that we’ll help you find the vehicle you actually want at a price you can afford. This is because we can facilitate custom orders through Chevrolet, allowing you to custom build your vehicle with all your preferences and purchase it at a factory recommended price near Norman.

Order Your Custom Chevrolet Through John Holt Auto Group, Inc.

If you have more questions about what is causing the chip shortage or what the chip shortage is for cars, contact us today. We’ll answer any of your questions and walk you through the steps of ordering your next vehicle and bypassing the obstacles of the production crisis! Our selection of new and used vehicles is constantly being refreshed with more models, so you can find the one that works for you.