Frequently Asked Questions
Semiconductors are the foundation of the memory and processor chips found in almost every electronic device. Many recent innovations in vehicle development rely on them. Semiconductors or microchips are more and more present in many areas of modern life.
The global market for semiconductors is growing rapidly again whereas supply is limited. In short: the shortage is the result of the earlier massive cancellation of chip orders by car manufacturers when demand for cars collapsed, mainly due to the covid crisis. As demand for new cars recovered faster than expected, car makers were not first in line as global demand for chips from other sectors had grown in the meantime.
Car manufacturers are not able to make enough cars due to the semiconductor scarcity. Cars only account for less than 1% of all connected devices so other sectors have a much stronger buying position; this results in a direct disadvantage for the automotive industry. The shortage is a global problem impacting al industries, not only automotive.
Yes and we’re here to support you! We suggest ordering your new vehicle earlier than usual. We can guide your car and option selection to minimise delivery delays based on the information we have at the point of order.
The semiconductor shortage may impact your order, either in delivery time or in some options as car manufacturers change or optimise their production.
Lead times could be affected since there are many variables. This depends on the brand, dealer, vehicle and options.
LeasePlan is here for your support. These are some options to consider: