Why is There a Chip Shortage?

For well over a year now, the global chip shortage has been affecting the sales for most major vehicle manufacturers, and the price increase has been passed off to the consumer. However, if you’re looking to trade in your vehicle, now would be the best time as dealers are looking to fill their inventory. So, what is the chip shortage? Learn more with Victory Nissan of Dickson today! For more information, feel free to contact us anytime!

What is the Chip Shortage?

What is the chip shortage? The chip shortage for the automotive industry is caused by the restrictions put forth due to the ongoing COVID-19 pandemic. This has resulted in factories either closing completely or operating at half capacity. Therefore, new vehicles have been produced in smaller numbers, and many Dickson dealerships are relying on used cars to keep their inventory filled.

Many electronics such as computers and phones also use these small chips, however, because vehicles need so many of these chips, the automotive industry has been the most affected. So, now you may still be wondering, “Why is there a chip shortage for cars?”, here are a few reasons the chip shortage is negatively impacting the automotive industry, and dealerships around Clarksville:

• Due to the various restrictions put into place due to the pandemic, many factories that manufacture these vital microchips have been closed or reduced capacity. Therefore, the supply is unable to keep up with the demand.
• The price of these chips have skyrocketed as a result of the shortage, resulting in higher vehicle prices which are of course, passed on to the consumer.
• Due to the sheer number of microchips vehicles need to operate, the automotive industry has been the most affected by the shortage.

Are Vehicles Available at Victory Nissan of Dickson?

Yes, our dealership in Dickson is still providing the very best service available, and our staff is always looking to fill their inventory with both new and used vehicles. We strive to continue to serve our valued customers throughout this challenging time.

Visit Victory Nissan of Dickson for Your Next Vehicle!

Now that you know the answer to “Why is there a chip shortage for cars?”, come visit Victory Nissan of Dickson to purchase your next vehicle! Come check out our extensive new vehicle inventory that we continue to add to often, even amid the chip shortage. Visit our finance center for the best prices around Franklin, and be sure to use our new vehicle specials to save in Dickson!