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Notice is hereby given that Articles of Incorporation were filed with the Department of State

NJ Spotlight News | No letup in problems with supply of new, used cars | Season 2022

  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. ms-with-supply-of-new-used-cars-season-2022.html
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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Corporate officials tell dealers the supply chain could stay gridlocked for months
The video from PBS, titled "Car Shortages," discusses the ongoing issues with car availability due to a global semiconductor chip shortage. It explains how the demand for new vehicles has surged as economies recover from the impacts of the COVID-19 pandemic, but manufacturers are struggling to produce cars because they cannot obtain enough chips, which are essential components in modern vehicles. The shortage is attributed to a combination of factors including increased demand for electronics during the pandemic, supply chain disruptions, and production halts at chip manufacturing plants. The video also touches on the ripple effects of the shortage, such as increased prices for new and used cars, longer wait times for buyers, and challenges for car dealerships in maintaining inventory. Experts in the video suggest that the situation may improve as new chip production facilities come online, but warn that the shortage could persist into 2023.

Read the Full PBS Article at:
[ https://www.pbs.org/video/car-shortages-1657658520/ ]