Amid chip shortages for new vehicles, pre owned luxury auto dealer Alba Cars reports record sales, opens two new branches
As countries implemented social distancing and lockdowns, it forced manufacturers to halt production, which has had a huge impact on countless products.
- As countries implemented social distancing and lockdowns, it forced manufacturers to halt production, which has had a huge impact on countless products.
- Made from silicon, these chips are essential in allowing computers, vehicles, smartphones, and appliances to function.
- Estimates by consulting firm Alix Partners suggest that there will be a shortfall of 7.7 million chips in 2021 alone.
- Despite the difficulties the COVID-19 pandemic has posed, for used car market leaders, Alba Cars it has also provided a unique expansion opportunity.