The continued supply shortage is creating an inventory issue for U.S.-based — BMW dealerships. We’ve reported on the production issues the German plants are having which is impacting all global markets. The Spartanburg plant in South Carolina has also been affected by what BMW calls a temporary shortage of chips. Just about every model and variant is going through several changes in the ordering bank, and as you’d expect, it creates an inventory shortage of cars and long wait times.
Some of the options that have a higher demand than supply are the Harmon/Kardon Premium Sound System, Wireless Charging, Parking Assistance Package and Digital Keys. There are, of course, other supply shortages also, like 2-axle air suspensions on the X5 and X6 and ventilated seats, just to name a few. BMW has adapted to the chip shortage by dropping some features from their models. In some cases, they are replaced by similar options which could increase the base price.
But not all models are affected. For now, some variants of the M Performance Automobiles division have a hefty number of vehicles in inventory. So it’s always best to check with local dealer, BMW of West Springfield, for the most up-to-date information on existing or future orders.
In dealerships across the country customers are buying most models almost as quick as they are built. The economic recovery and low interest rates have further sparked the demand for new cars. Consequently, the used car market has grown at a fast pace as well, along with prices. BMW of West Springfield has many preowned and certified preowned vehicles in stock.
BMW has already announced that the lack of chips has forced them to slow down or stop production at several plants. A BMW spokesman stated that the bottleneck has already led to 30,000 vehicles in lost production so far this year.
The chip shortage is mostly a result of the COVID-19 pandemic, which increased demand for the personal electronics and the shift to work-from-home environments. Another major factor in the chip shortage is the cryptocurrency market. The popularity of mining Bitcoin, Ethereum and other cryptocurrencies has increased attention on the shortage of semiconductors.
Most analysts point to a return to normality sometimes in 2022, but of course, that could be influenced once again by any more shutdowns or restrictions.
This is just one more example of the level of customer commitment that BMW of West Springfield brings to the table. At BMW of West Springfield, they’re here to provide the perfect new BMW car or SUV for your needs! They’re also here to offer you affordable auto financing solutions to help you afford said BMW. Maybe it's not a BMW you're looking for - that's ok too - we have plenty of quality Certified Pre-Owned luxury vehicles for sale. Perhaps you're already a proud BMW driver and need to find somewhere reputable to take it for maintenance or service. They can help you there, too. If you are searching Google for BMW dealer near me, BMW dealership near me or BMW service near me, there is only one listing to click and that’s BMW of West Springfield!
Name: Gengras Motor Cars
Email: Send Email
Organization: BMW OF WEST SPRINGFIELD
Address: 1712 Riverdale St, West Springfield, MA 01089, United States
Phone: +1 413-746-1722
Release ID: 89040319