Supply and demand issues are causing worldwide delays for computer chips
A worldwide shortage of semiconductor chips is causing a major headache for some of the leading car manufacturers, who have had to confirm lengthy delays on some of their vehicles.
The COVID-19 pandemic has caused major disruption throughout the automotive industry and the knock-on effects are now being felt by many.
With a large portion of motorists either off work or driving considerably less over the past year, changes in buying patterns were expected in what has turned out to be a hugely unpredictable environment.
While some changes may have been predicted, one of the unexpected problems has come in the form of the materials required to build these new models.
It has been reported that many manufacturers are struggling because of a semiconductor chip (or as they’re more commonly known: computer chips) shortage, as the supply has been so heavily focused on products like smartphones and tablets during the pandemic.
As a result of this, some manufacturers are being forced to delay deliveries and issue extended lead times to customers of up to six months in some cases.
The lack of chip supply is forcing manufacturers and the car industry to change how they’re working.
The Guardian recently reported that consumers could see price hikes for products like mobile phones or TVs as a result.