Chevrolet is switching things up in the midst of the global microchip shortage. The global microchip shortage has had a major impact on the car industry. Chevrolet and most other brands have had to slow down or halt production of all of their vehicles. Chevy has even had to keep some of features out of its most popular models. Here’s what you need to know:
What are the chips?
They’re tiny transistors made from silicon. Their materials come from Japan and Mexico, and they’re made in China, Taiwan and the U.S. Almost all cars, smartphones, computers, and other devices need them to function. In a modern car, chips power everything from the infotainment system to the transmission.
What caused the shortage?
All businesses shut down in early 2020 because of the COVID-19 pandemic. Smartphone and computer sales jumped because everyone started working from home. But car sales plummeted, so factories stopped ordering parts with chips.
Then, businesses opened up again and now the demand for cars is high. But there aren’t enough chips to make them. So, dealerships have very low inventory. Some have even raised the prices of the cars they do have in stock to make up for lost sales.
How has it impacted Chevy?
General Motors had to cut around 80,000 vehicles from its usual production schedule in May. The company has kept certain lines closed to prioritize chips for its most profitable and in-demand models. That includes the Chevy Tahoe and Silverado.
Chevy is building some 2021 Tahoe, Suburban and Silverado models without a start-stop system for now. New Tahoe and Suburban models also come without a wireless charing pad, and new Silverados don’t have HD Radio. The brand has knocked some money off all their MSRPs to make up for the missing features.
Chevy Cars For Sale in Forest Lake, MN
You can check out the Chevy Tahoe, Silverado, Suburban and our other models in Forest Lake, MN! Test drive whatever models they’re interested in and try out all of their great features for yourself. Despite the chip shortage, we have a big selection of vehicles in all sizes and trim levels. We’ll answer all of your questions about financing or leasing your new car, truck or SUV. And when you finance through us, your next ride ride comes with our Lifetime Powertrain Warranty. Our dealership is close to Coon Rapids, Roseville, and White Bear Lake!
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*Lifetime Powertrain Warranty available on most pre-owned vehicles and most new Chevrolet vehicles. Not available on new Cadillac vehicles.