1 Chip shortages, supply chain issues causing car shortage
- Author: wtoc.com
- Published Date: 02/08/2022
- Review: 4.84 (790 vote)
- Summary: · Those same issues that are making it so difficult to get a new car are even trickling down into the used car market. “Prices have skyrocketed
- Matching search results: “Prices have skyrocketed for used cars at auctions. Really everywhere, not to mention we went from having maybe 40 cars on the lot, to I think we have like 10 right now. It’s been very hard to get vehicles,” said Omar Afenah, the owner of World …
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2 Why is there a shortage of new cars?
- Author: totallossgap.co.uk
- Published Date: 03/18/2022
- Review: 4.62 (570 vote)
- Summary: It is no secret that new car sales are down in the UK. According to Autoexpress, the UK new car market is at its lowest ebb since 2013. The 68,033 new vehicle
- Matching search results: Fiesta production will stop at its Cologne plant from 23rd to 28th August. As a result the company reduced service hours between August 17th and August 19th due to shortage of raw materials. The Focus is made in the same facility. It doesn’t affect …
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3 Shortage at new car lots getting worse. ‘Today, we have five,’ one dealer says
- Author: delawareonline.com
- Published Date: 10/06/2021
- Review: 4.47 (546 vote)
- Summary: · “A bigger impediment to increasing auto sales at present still appears to be industry-wide shortages of cars and trucks, which have led to
- Matching search results: Over the past decade, buyers have switched their allegiance from traditional cars to SUVs and pickups. It’s been a boon to automakers since trucks typically command higher profit margins. They can be less complex and costly to manufacture than cars …
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4 UK new car sales fall to lowest level in June since 1996 amid chip shortages
- Author: theguardian.com
- Published Date: 08/21/2022
- Review: 4.31 (373 vote)
- Summary: · Sales of new cars in the UK fell by almost a quarter last month, the worst June since 1996, as global chip shortages hammered the industry
- Matching search results: Jim Holder, the editorial director of the magazine and website What Car?, said car buyers were affected by a number of problems. New car orders were delayed, while rising energy bills were pushing up manufacturing costs, which was increasing prices …
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5 Chip shortage drives up vehicle prices, cuts sales
- Author: pbs.org
- Published Date: 01/07/2022
- Review: 4.12 (445 vote)
- Summary: · DETROIT (AP) — U.S. new vehicle sales tumbled more than 21 percent in the second quarter compared with a year ago as the global
- Matching search results: J.D. Power estimates that the average sales price of a new vehicle for the first six months of the year hit nearly $45,000, a record that is 17.5 percent higher than a year ago. Edmunds.com reported that 12.7 percent of consumers who financed a new …
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6 Car Inventory Shortage Updates (2022) l AutoLeadStar
- Author: blog.autoleadstar.com
- Published Date: 10/03/2021
- Review: 3.86 (388 vote)
- Summary: Why is there an Inventory Shortage of New Vehicles? … The market is currently experiencing a shortage of semiconductor chips. This has prompted car
- Matching search results: One of the best ways car dealers can overcome the current car shortage is by ensuring that marketing is in place for pre-order and that they have the necessary infrastructure to respond to an ever-changing market. It’s critical for dealerships to …
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7 Why are used cars so expensive? What has caused a new car shortage and when will prices fall?
- Author: cardealermagazine.co.uk
- Published Date: 02/18/2022
- Review: 3.76 (474 vote)
- Summary: · What has caused a new car shortage and when will prices fall? The new and used car markets are still struggling from being shut down in early
- Matching search results: It’s basic economics – high demand equals high prices. That doesn’t mean all dealers are blindly rising prices to make a quick buck, but the sometimes high prices they’re paying for stock have a knock-on effect to the sticker price the customer …
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8 Global chip shortage: The latest on new-car waiting lists
- Author: parkers.co.uk
- Published Date: 09/12/2022
- Review: 3.43 (529 vote)
- Summary: · The shortage of semiconductor computer chips across the globe continues to disrupt the car industry alongside the Russia-Ukraine war, with sales
- Matching search results: Waiting lists for new cars remain long and the result of this has seen prices rise for the used car market. Volkswagen Group has orders for almost half a million cars across Europe alone so the possibility of getting a new car on your driveway …
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9 Global Chip Shortage Makes It Tough to Buy Certain Cars
- Author: consumerreports.org
- Published Date: 07/16/2022
- Review: 3.28 (516 vote)
- Summary: · All new cars are built with a plethora of microchips onboard to control everything from window motors to navigation systems, and the auto
- Matching search results: Sam Abuelsamid, an analyst at Guidehouse Insights, which tracks the automotive industry, says the Taiwan Semiconductor Manufacturing Company (TSMC), one of the larger chip manufacturers, will be able to increase production capacity by the end of …
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10 The chip shortage claims another victim as Honda cuts 40% of vehicle production in Japan
- Author: fortune.com
- Published Date: 05/29/2022
- Review: 3.03 (370 vote)
- Summary: · In 2021, the chip shortage forced automakers worldwide to cancel production of 11.3 million vehicles. The latest forecasts for 2022 suggest
- Matching search results: In May, Nissan—the country’s third-largest car company—announced it expected profits to be flat for the fiscal year, due to the “new normal” created by the shortage. And last month, Japan’s leading automaker Toyota announced that its first quarter …
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11 Auto chip shortage could be easing
- Author: electronicsweekly.com
- Published Date: 04/23/2022
- Review: 2.92 (196 vote)
- Summary: · Shortages of automotive semiconductors will likely remain through at least the year 2023. Although a few automakers indicate they are back at
- Matching search results: Automakers and semiconductor suppliers are working to try to prevent such severe shortages in the future. Automakers are adjusting their just-in-time inventory models. Automakers are also working more closely with semiconductor suppliers to …
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12 Chip makers have a message for car makers: Your turn to pay
- Author: reuters.com
- Published Date: 08/23/2022
- Review: 2.75 (188 vote)
- Summary: · Aug 3 (Reuters) – The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past
- Matching search results: Securing – and keeping – chip engineers will be a challenge for automakers, which will have to compete against the likes of Alphabet Inc’s (GOOGL.O) Google, Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O), said Evangelos Simoudis, a Silicon Valley …
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