Chipdemic has caused severe inventory shortages that have cost the auto industry billions of dollars. For shoppers, things may only get worse as experts say that the issue is likely not going to end soon.
Thankfully, Alfa Romeo of Scottsdale still has a large selection of used cars, SUVs, luxury vehicles, low-mileage one-owner used cars, and used cars with clean Carfax reports. View our inventory now to see what we have in stock!
What Is Chipdemic & Why Is It Causing Car Inventory Shortages?
Chipdemic sounds like a cute nickname related to chocolate or potato chips. The not so fun reality is that it describes the unprecedented semiconductor shortage occurring globally. Chipdemic has affected a multitude of businesses all over the world, from Apple to Samsung and others. Semiconductors are small silicon chips that control electrical conductors, and today they’re used in everything from toothbrushes and appliances to smartphones and cars.
The tiny chips play a big role in the auto industry, as they allow for the integration of advanced vehicle features like heads-up displays, safety sensors, smartphone integration, autonomous driving technologies and more.
Due to the significant scarcity of semiconductors, automakers have had to delay production of core models, as well as all-new future vehicle models. With less new inventory on lots, shoppers have selected to buy pre-owned, which is in turn causing a decrease in pre-owned inventory at many dealerships.
Chipdemic has pointed out core flaws in the semiconductor supply chain. Experts state that semiconductor manufacturers are not equipped to handle rapid surges in demand. With the number of products that rely on this small piece of technology, demand has skyrocketed and supply hasn’t kept up. Experts also state that the shortage will likely continue for some time, calling the situation volatile and at crisis levels. For shoppers who are currently in the market for a car, buying sooner than later is the safest bet.
We’ll Buy Your Car Even if You Don’t Buy From Us
At Alfa Romeo of Scottsdale, we’re always looking for quality trade-ins. Due to current conditions in the automotive industry, the need is greater than ever. We’ve set aside a substantial sum to buy vehicles in high volume. No matter your vehicle make, model or age, see what we can offer you.
We’ll also purchase your car, truck or SUV whether you buy from us or not!
Pre-Order a New Model
We’re accepting pre-orders for upcoming new Alfa Romeo models. If you have your heart set on a new vehicle, contact Alfa Romeo of Scottsdale or visit in person to start an order today!
