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. Basically, 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-19 crisis. As demand for new cars recovered faster than expected, car makers were not first in line because global demand for chips from other sectors had grown in the meantime.
Car manufacturers are not able to manufacture 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, putting the automotive industry at a direct disadvantage. The shortage is a global problem impacting all industries, not only automotive.
Yes and we’re here to support you! We suggest ordering your new vehicle earlier than usual. We can advise you on model 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 delivery time or 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.