Inventory Shortages Worse at New Car Dealers

Before the pandemic, Willis Chevrolet Buick in Smyrna typically had about 80 new vehicles on the lot.

In 2021, the number has dropped to between 40 and 50 most months.

“Today we have five,” said Isaac Willis, the CEO and the third generation of his family to run the business.

More than two years into the pandemic, “it’s getting worse instead of better,” Willis said.

He was speaking on July 6 when Delaware’s US Representative Lisa Blunt Rochester toured the business to get first-hand insight into the supply chain issues auto dealers are experiencing and to educate them on potential solutions in a new House bill.

“This affects everyone,” Blunt Rochester said, citing shortages of a variety of products including masks and hospital equipment at the start of the pandemic, lumber and, more recently, baby formula, along with a lack of microchips plaguing the population. Automotive industry.

Blunt Rochester said the House has passed the America COMPETES Act in an effort to help improve supply chains, and the Senate has passed a similar bill, the US Competition and Innovation Act. It is now working in committee. bipartisan committee negotiating with the Senate to resolve the differences between the two bills.

The main proposals of the House bill are:

  • create a national central point of contact at the Department of Commerce to track supply chains
  • map where problems lie in supply chains so that attention can be focused on solving them
  • share information with companies about practices to prevent supply chain disruptions
  • encourage more manufacturing in the US with financial incentives.
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