{"id":27125,"date":"2022-05-20T13:16:06","date_gmt":"2022-05-20T05:16:06","guid":{"rendered":"https:\/\/www.carsome.my\/news\/?p=27125"},"modified":"2022-06-30T16:06:13","modified_gmt":"2022-06-30T08:06:13","slug":"car-supply-shortage-causes","status":"publish","type":"post","link":"https:\/\/www.carsome.my\/news\/item\/car-supply-shortage-causes","title":{"rendered":"Continuing New Car Supply Shortage: What Is Causing It?"},"content":{"rendered":"

We\u2019re at the tail end of the COVID-19 pandemic and things are going back to normal. However, there\u2019s still a significant supply shortage of new cars around the world. This has caused many automakers from <\/span>Perodua<\/span><\/a><\/span> to <\/span>Honda<\/span><\/a><\/span> unable to fulfill their backlog of orders stretching months, leaving consumers like us no choice but to wait.\u00a0<\/span><\/p>\n

So what\u2019s causing this shortage of new cars and what should you do if you want a car now?<\/span><\/p>\n

\"factory,<\/p>\n

Semiconductor Chip Shortage Disrupting New Car Supply<\/span><\/h2>\n

The main factor disrupting the global supply of new cars is the shortage of semiconductor chips or microchips. Since modern cars are packed with electronic components, they need a lot of microchips to keep everything running. Microchips function as the \u2018brain\u2019 of modern electronics and components such as the infotainment system, power windows, reverse camera, and safety equipment all need microchips to work.<\/span><\/p>\n

Why Is There a Semiconductor Chip Shortage?<\/span><\/h3>\n

When the pandemic started and demand for new cars dropped, car manufacturers stopped their order of semiconductor chips from suppliers. At the same time, other companies, especially consumer electronics firms were ordering more to keep up with demand. When countries opened up and the economy started to improve, automakers found it extremely difficult to obtain new microchips and had to wait at the back of the queue for them.<\/span><\/p>\n

Also worsening the situation is the fact that semiconductor chip manufacturers require up to six months to restart production of a microchip and another three to five months to actually produce them. With the non-stop demand for semiconductor chips from all industries, car manufacturers and consumers have no choice but to wait it out.<\/span><\/p>\n

Read More:<\/b> Top Car Upgrades to Improve Your Ride<\/span><\/a><\/span><\/p>\n

Parts Supply Disruption<\/span><\/h2>\n

Another factor contributing to the car supply shortage is the disruption in the production of car parts. Part manufacturers and vendors were also somewhat affected by the pandemic with problems ranging from supply issues to COVID-19 infections among employees. This has slowed down car production among some car manufacturers, especially in Malaysia. That being said, the car parts supply is recovering in 2022, leaving the semiconductor chip shortage as the major issue causing delays in new car delivery.<\/span><\/p>\n

Read More:<\/b> Buying a Car? Here Are 17 Safety Features You Need<\/span><\/a><\/span><\/p>\n

What to Do If You Need to Buy a Car\u00a0<\/span><\/h2>\n

If you\u2019re looking to buy a new car, you should expect to wait a few months to receive it. For some popular models such as the Perodua Myvi, you might even need to wait six to twelve months for your car. So if you\u2019re set on getting a new car, talk to your sales consultant to get a general idea of when you can get it before you place a booking.<\/span><\/p>\n

\"buying<\/p>\n

Buy a Pre-owned Car<\/span><\/h3>\n

Alternatively, you can buy a <\/span>pre-owned car<\/span><\/a><\/span> and get it within days. Although a pre-owned car may not be as glamorous as a brand new one, purchasing pre-owned can save you a lot of money thanks to its depreciated value. That\u2019s not to say you\u2019ll be buying a rundown car though.\u00a0<\/span><\/p>\n

Since cars typically lose 20 percent of their value in the first year and up to 60 percent in the fifth year, it\u2019s fairly easy to find a good pre-owned car with low mileage and reasonable price. Moreover, CARSOME has CARSOME Certified pre-owned cars that are guaranteed quality having passed a strict inspection as well as refurbished to peak performance.\u00a0<\/span><\/p>\n

Read More:<\/b> Start to Finish: Buying a Car with CARSOME<\/span><\/a><\/span><\/p>\n

Fix & Maintain Your Current Car<\/span><\/h3>\n

If you\u2019re shopping for a new car but have an older one with some mechanical issues, you could fix and keep your car maintained till the new car supply shortage is fixed. Of course, you have to consider the condition of your car as well. If it\u2019s too costly to fix or unreliable to drive, you may be better off buying a pre-owned car now.<\/span><\/p>\n

Read More: <\/b>How to Take Care of Your Car & Why You Should<\/span><\/a><\/span><\/p>\n

Buy CARSOME Certified Cars Without Delays<\/span><\/h2>\n

With our large selection of CARSOME Certified cars all ready to be driven, you can buy and drive your dream car within days as the listings are readily available for purchase. All you need to do is to book the car on our <\/span>website<\/span><\/a><\/span>, take it for a test drive, and submit the required documents so we can handle the paperwork. Once your payment is successful or your loan is approved, we can even deliver the car to you for a hassle-free experience.<\/span><\/p>\n

Besides being able to get your car without any delay, buying a CARSOME Certified car means you get uncompromising quality. Plus, we offer these promises for your peace of mind:<\/span><\/p>\n