Canadians across the country are facing lengthy wait times for new vehicles as an ongoing supply chain crunch and shortage of computer chips hinders carmakers from making enough to meet demand.
When Jesse Chiasson called a car dealership last month to buy a new vehicle, he ended up paying $1,000 to be put on a waitlist instead.
"We expected a wait but we were still shocked at how long it could be," Chiasson said of the delay for a new Kia EV6."They also said the price could change." The tiny semiconductor chips power everything from essential safety functions like airbags and breaks to bonus features like GPS or a touchscreen entertainment system.
"The auto industry typically uses older chips because they're more reliable," Fiorani said."But they're not as valuable to chipmakers. They cost less to produce and make less profit." Even as supply chain bottlenecks dissipate and new chip fabrication facilities slowly come online, experts say it could be years before the car industry recovers.
"Delivery can and has certainly been delayed because of these circumstances. We hope to see this situation improving in the coming months but we remain in the midst of it."
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