new car chip shortage 2021
What You Need to. An article published last year on the Motability website tells a bleak story about 2021s UK car production slump.
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The reason is that used car values rose rapidly in 2021 because of high demand due to limited new car inventory on dealership lots.
. But new chip factories cant. A modern car can easily have more than 3000 chips. Manufacturers have less than five days worth of inventory according to the Commerce Department.
But cars account for a tiny share of chip demand. Economy 240 billion in 2021. The chip shortage has become a serious problem for.
Experts estimate the global chip shortage cost the US. According to Motabilitys writer Joanna Partridge its all down to a combined shortage of suitably skilled workers in the car factories and a lack of vital semiconductor chips. Buying a New Car During the Chip Shortage.
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