Even if you don’t keep up with tech news, you may have caught a few headlines about the global semiconductor shortage. Nicknamed Chipdemic, the unprecedented scarcity of semiconductors has left many businesses suffering. It even delayed the launch of the iPhone 12 last year and is still wreaking havoc on a multitude of industries. In automotive, it has caused major issues with inventory levels.
Luckily, Serramonte Ford still has a large selection of used cars, trucks, SUVs, luxury vehicles, low-mileage one-owner used cars, and used cars with clean Carfax reports. If you’re struggling to find a used car dealer in the San Francisco area with a solid selection of pre-owned models, view our dealership’s inventory selection.
For shoppers who are currently in the market for a car, buying sooner than later is highly recommended as experts say Chipdemic isn’t going away anytime soon.
Chipdemic & Its Effect on Car Inventory Levels
So what is Chipdemic exactly? First, one must understand the “Chip” in Chipdemic. This refers to small silicon chips that conduct electricity. Today, they’re used in a broad variety of products, from toothbrushes and washing machines to smartphones, automobiles and more.
Chipdemic might sound like a cute nickname related to chocolate or potato chips, but the not so fun reality is that it describes the unprecedented semiconductor shortage occurring globally.
This shortage has had a big impact on the automotive industry. Billions have already been lost as automakers delay production due to a lack of these tiny but vitally necessary chips. They allow for the integration of today’s most popular vehicle technologies, such as semi-autonomous driving systems, safety sensors, smartphone integration and much more.
How did this all start? Experts say semiconductor manufacturing is simply not built to handle rapid surges in demand. Chipdemic has highlighted weaknesses in the semiconductor supply chain, and again, experts say the situation is volatile and will likely not end anytime soon.
Sell Us Your Car - No Strings Attached!
At Serramonte Ford, we will buy your vehicle whether you choose to purchase with us or not.
We’re always on the lookout for quality trade-ins and now the need for them is greater than ever. We’ve dedicated a substantial sum to buy vehicles in high volume. No matter your make or model, and no matter your vehicle’s age, we strongly encourage you to see what we can offer before you sell your car, truck or SUV anywhere else.
Get $1,000 Bonus Cash When You Pre-Order a New Ford!*
If you have your heart set on a new Ford model, Serramonte Ford can assist you with a vehicle pre-order! Because of delays in production, Ford is offering $1,000 Bonus Cash for ordered vehicles.
We’re accepting reservations for many upcoming Ford vehicles, including the all-new F-150 Lightning electric truck and all-new Ford Maverick hybrid truck. The future is electrifying and we can help you plug in. Other models can be reserved in advance as well. Contact or visit us to get started on your order today!
*Restrictions may apply. Contact us for details.