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Computer chip shortage slowing new car inventory

Automobile manufacturers warn local dealerships that a computer chip shortage is causing a lack of new vehicle production.  Missy Allen, general manager at Jim Olson Motors in Sturgeon Bay says it is understandable why there is a massive demand for computer chips since more people are working from home and more students are learning remotely.  Getting new car inventory levels back up to a respectable level may take some time.

 

 

Allen notes that the shortage of computer chips is a global issue affecting Ford plants, Volkswagen, Fiat, Chrysler, and Toyota.  Used car inventories are in better shape, especially since Jim Olson Motors implemented an active “We Buy Cars” campaign” for people looking to downsize the number of vehicles in their households.  COVID-19 has also impacted the parts department,  where Allen says delays in shipments for auto parts can range from days to weeks. 

 

(photo courtesy of Jim Olson Motors)

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