LMC Automotive predicts a reduction of more than 2 million cars and trucks combined for the year. For North America, LMC Automotive estimates that for all of 2021, the chip shortage would reduce ...
As the global chip shortage drags on, car makers from General Motors to Tesla find themselves forced to adjust production and rethink the entire supply chain. Illustration/Video: Sharon Shi ...
If you’re thinking of buying a sweet new ride this summer using stimulus check savings, you might want to rethink your purchase because new and used car prices are soaring nationwide due to ...
Earlier this year, Volkswagen indicated that the chip shortage will continue to impact car sales in 2023 and automakers including Cadillac, Ford, and Genesis have indicated that the shortage has ...
Three years on from the worst of the new vehicle shortages and the used car market is feeling the lack of supply.
If you are planning to buy your favourite car, you may have to wait longer as a severe shortage of chips has led automakers to cut production. The limited supply of cars comes at a time when the ...
The chip shortage has also delayed deliveries of new cars. It took Toyota Motor Corp. and Honda Motor Co. more than half a year to deliver some of their car models. But the data shows sales ...
The share of car owners with "negative equity" — meaning they owe much more on their loan than the car is worth — was ...