May 27, 2022

condoritolapelicula

Half the Automotive

Chip storage is creating a new car desert. Dealerships pushing used cars instead.

As the U.S. auto market recovers from a difficult 2020, many dealers are struggling to keep their lots stocked with new cars. In July, the average new car took 35 days to sell -- nearly a full week faster than in June.  This quick turnaround is due in part to the microchip shortage and the […]

STAUNTON — Matthew Walsh said normally there would be up to 2,200 cars on the lots at the 15 Carter Myers Automotive dealerships in the state. Now, they have a total of 363.

“That makes it hard for us to provide selection for customers and typically, if you were buying a car, you’d come in and you could test drive three or four different models of say a Honda CRV. Now … we may not even have a CRV on the ground to show you,” he said.

Carter Myers Automotive (CMA) has a total of 15 dealerships — in Staunton, Charlottesville, Colonial Heights, Williamsburg and Winchester — selling a variety of cars including Honda, Volkswagen, Nissan, Dodge Jeep Ram, Subaru, Kia, Hyundai, Chevrolet and Ford.

According to Car and Driver, a semiconductor chip shortage is affecting the price of used cars and the supply chain of new cars. The semiconductor chips, which have a microchip processor, are important because it can control everything from screens to fuel management and stability control, according to ConsumerReports.org. The demand for these chips rose during the COVID-19 pandemic and the shortage is expected to last until next year.