{"id":74926,"date":"2021-12-07T10:29:54","date_gmt":"2021-12-07T09:29:54","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=74926"},"modified":"2021-12-07T10:32:38","modified_gmt":"2021-12-07T09:32:38","slug":"chip-shortage-benefits-luxury-used-car-dealers","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/chip-shortage-benefits-luxury-used-car-dealers\/","title":{"rendered":"Chip shortage benefits luxury used car dealers"},"content":{"rendered":"<h4>While the shortage of computer chips is causing problems for vehicle manufacturers around the world, it is giving companies like Alba Cars the opportunity to attract more customers in the used car market.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>The automotive industry is feeling the full impact of the COVID-19 pandemic. While the demand for luxury vehicles has soared, the supply has not always been there in 2021, due to the<strong> shortage of semiconductor chips.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>These chips are essential to the operation of computers, telephones and even vehicles. The consulting firm Alix Partners estimates that <strong>7.7 million chips were missing in 2021 alone<\/strong>. This is expected to cost the automotive industry <strong>$210 billion<\/strong> in sales.<\/p>\n<p>&nbsp;<\/p>\n<p>As a result, customers are finding it difficult to afford a new vehicle. Demand is turning to the used car market. For example, multiple dealerships in the United Arab Emirates are seeing an increase in the number of used vehicles sold in 2021.<\/p>\n<p>&nbsp;<\/p>\n<p>This is the case for <strong>Alba Cars<\/strong>, a used luxury car dealer in Dubai. Demand for high-end cars has climbed considerably, especially for <strong>Audi, BMW, Mercedes-Benz, Jaguar<\/strong> and <strong>Maserati<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>This demand has allowed the company to open two new branches in Dubai at <strong>Al Barsha<\/strong> and <strong>Abu Dhabi<\/strong> Marina Mall. These new facilities will allow Alba Cars to further expand its reach, reaching even more customers across the region, setting its all-time sales record in September 2021. As long as the shortage continues to plague the automotive segment, the used car market will only benefit.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/mercedes-dominates-luxury-car-sales-in-india\/\">MERCEDES DOMINATES LUXURY CAR SALES IN INDIA<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo : \u00a9 Alba Cars<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the shortage of computer chips is causing problems for vehicle manufacturers around the world, it is giving companies like Alba Cars the opportunity to attract more customers in the used car market.<\/p>\n","protected":false},"author":256,"featured_media":74931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"While the shortage of computer chips, it is giving companies like Alba Cars the opportunity to attract more customers in the used car market.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"automotive,car,luxury,luxury cars,used car,dubai,alba cars,United Arab Emirates,chips,shortage,electronic chips shortage,Audi,BMW,Mercedes-Benz,Maserati,Jaguar,Al Barsha,Abu Dhabi,Alix Partners","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-74926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/74926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/256"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=74926"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/74926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/74931"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=74926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=74926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=74926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}