Tag: microchip shortage
Hurricane Helene raises concerns over semiconductor supply chain
Operations at two critical North Carolina facilities that mine high-purity quartz, essential for semiconductor production, remain suspended following the impact of Hurricane Helene. The...
Microchip shortage now expected to last until next Christmas
While hopes of a supply chain recovery persisted throughout the year, industry insiders now expect microchip shortages to last throughout 2023.
Semiconductor and chip manufacturers...
Where does the semiconductor chip shortage stand today?
With modern cars sometimes needing thousands of semiconductor chips to run the various electronics, automakers are still feeling the effects of the shortage. Today’s...
Cox Automotive’s Brian Finkelmeyer shares his 2022 outlook on EVs, used...
As 2021 comes to a close, many of you may be wondering what we can expect as an industry and where we are headed....
Edmunds exec. Jessica Caldwell discusses end-of-year sales for 2021
Consumers are coming back into the showroom or looking through your inventory online this holiday season. So as we wrap up the year, we...
Bloomberg’s Kevin Tynan shares his auto industry predictions for 2022
Much has taken place throughout the past year in retail automotive; from record acquisitions to the continued 'chip-demic'. Throughout it all, dealers have remained...
Automotive industry trends and headlines from the past year
We thought 2021 would slow down, but the more things changed, the more they stayed the same in the auto industry. And there were...
Expect strong new and used car sales in 2022 due to...
Industry experts are predicting that dealer activity in the new year will be easily sustained courtesy of above-normal consumer demand for vehicles. The effects...
A look inside the current state of the semiconductor microchip shortage
While automakers and basically every manufacturer around the world were hoping the semiconductor microchip shortage would be a thing of the past by now,...
Are the October & November auto forecasts a sign of what’s...
New vehicle sales are expected to slide well into the double digits when October’s sales are reported, according to J.D. Power and LMC Automotive....