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Until 2023? Parts shortage will keep auto prices sky-high

Until 2023? Parts shortage will keep auto prices sky-high

3 years ago
Anonymous $drS9DEX_Sj

https://apnews.com/f49547a45f6a10ca608886893c787891

TOLEDO, Ohio (AP) — Back in the spring, a shortage of computer chips that had sent auto prices soaring appeared, finally, to be easing. Some relief for consumers seemed to be in sight.

That hope has now dimmed. A surge in COVID-19 cases from the delta variant in several Asian countries that are the main producers of auto-grade chips is worsening the supply shortage. It is further delaying a return to normal auto production and keeping the supply of vehicles artificially low.