2022 is a new year but the challenges of 2021 continue to impact the automotive industry. The biggest challenge remains the ongoing lack of semiconductors, a shortage that has affected the industry for almost a year. The average car contains between 1,500 and 3,000 semiconductors, controlling everything from headlights to electric windows. The shortage of even a single chip can – and is – significantly impacting car production.
This is why the latest prices for the Motability Scheme may be a little different to what you are used to. You may have noticed that a few car brands are currently unavailable on the Scheme. Meanwhile, for some cars on the Scheme, Advance Payments have risen in line with the rising prices from car manufacturers.
It is not just Scheme customers that are affected – everyone looking for new cars is being impacted by this issue. Budget car buyers, company car drivers and those seeking a bespoke-build supercar are all in the same boat, due to the all-encompassing nature of the semiconductor shortage.
Unfortunately, the situation is likely to remain with us for some time. The Society of Motor Manufacturers and Traders (SMMT), a UK trade body, warns that the semiconductor shortage will broadly continue to impact the car sector throughout 2022, and potentially even flow through into 2023.
Seeing as this is a challenge we will have to live with for the foreseeable future At present unfortunately there are no Mazda vehicles available on the Motability Scheme right now.