You may have heard that a global semiconductor shortage is impacting the production of electronic devices and vehicles throughout the world. Today, we’ll explore this topic further to help readers understand the issue and its impact on vehicle production, plus how you can work around this shortage when shopping for vehicles.
Due to a number of factors, including the COVID-19 pandemic and severe weather events in parts of North America, there is a shortage of supply and increased demand for semiconductors. Vehicles are more advanced than ever before and typically require a large number of microprocessors, meaning this semiconductor shortage has impacted our industry. All vehicle manufacturers are experiencing supply issues, and you may have noticed vehicle stock at many dealerships is lower than usual.