9/1/2023 0 Comments Honda inventory shortage![]() ![]() ![]() With demand for vehicles still very much strong among a consumer base coming out of the pandemic, prices have remained elevated. Generally, all of our production facilities, including Arlington are running as normal.”īut experts say other supply chain issues with parts like seats, paint resin and tires are still just enough to hurt supply. “This translated into improvements in production and deliveries evidenced by significantly improved sales results for Q3 over the previous year. “Overall, we have seen improvements and better consistency in the supply chain through the third quarter of this year compared to last year as a whole,” a spokesperson said. In fact, General Motors – which builds full-sized SUVs like Tahoes and Suburbans at its assembly plant in Arlington – told NBC 5 in a statement they've seen better consistency in the supply chain this year compared to last. The entire vehicle market was thrown into flux.īut chip manufacturing plants around the world have slowly recovered from the mayhem of the pandemic. This pushed buyers, who were looking for anything, to snatch up used cars. ![]() Manufacturing plants in key countries such as China and Taiwan – where long COVID-19 lockdowns stopped production – lead to a microchip shortage for new cars, which then caused low inventory across the world. That's in addition to record high prices for new and used cars, which soared during the pandemic.Īrrest made after 3 teen girls overdose on fentanyl, police say “It's non-negotiable because the fed has raised the interest rates."Īs the fed tries to raise interest rates to combat inflation, the move is affecting car loans. The only difference is that you're going to be paying more for the value of money,” said Hector Lebron a long-time car expert and general manager for Clay Cooley Nissan in Irving. Deals have always been out there in existence. More cars mean more options and the ability for a customer to negotiate better deals – depending on the dealership. If you're looking for a new ride, the holidays and the end of the year are the biggest times to buy a car as dealers make room for next year's inventory.Įxperts say record-high car prices might come down a little but consumers shouldn’t expect drastic deals on new or used cars any time soon.ĭuring the height of the pandemic, most car dealer lots across North Texas looked like empty parking lots.īut Hector Lebron, general manager of Clay Cooley Nissan, said inventories are starting to come back to life again. ![]()
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