In recent months, the automotive industry has been facing a major crisis in the form of a global chip shortage. This shortage has affected car manufacturers worldwide, leading to production cuts, ...

Manufacturers cannot acquire enough chips to keep production lines running and the demand for used cars is high. “We're seeing record prices and part of that is a severe lack of used car ...

In the short term, automakers have been cutting the production of vehicles like cars that are not as much in demand and not as profitable as pickups and SUVs, so as to redirect chips from cars ...

As auto production resumed, consumer demand for cars remained strong. But chip makers had shifted production to consumer goods, creating a shortage of weather-resistant automotive-grade chips.

But the tiny size and complex design laid the groundwork for the current shortage. Unlike car engines or toys, chips need to be built in factories with highly controlled environments, known as ...

A global shortage in semiconductor chips is forcing many Americans to travel far and wide just to get the car or truck they desire. It doesn’t matter whether a vehicle is new or used ...

I, Brian Wang, have researched the car chip shortage. Many people have said that the car chip shortage will clear up by the second half of 2022 but they are wrong. The car chip shortage will last ...

Expecting a recession, automakers canceled orders, and chip manufacturers slowed or ceased production. Demand for new cars rebounded from the shutdown much more quickly than anticipated ...

Additionally, automakers took note of the quarantines and shutdowns and forecasted a low demand for new vehicles. Thus, they ordered fewer of the car chips - or microchips - needed, and they also ...

The chip shortage and other supplier difficulties continue to constrain automaker output and rental fleet numbers, with rental car companies struggling to add cars to their fleets as travel rebounds.

referring to the tumultuous period that forced car companies to make more fuel-efficient vehicles. The chip shortage “is the kind of thing that my successors I’m sure will be studying about in ...