In a previous blog article, I detailed the impact of the global semiconductor shortage on the Automotive Industry, calling out the reduced vehicle inventory and sky-high new and used car prices it created.
Well, here we are several months later and the semiconductor shortage has combined with other supply chain disruption to create a sustained downstream effect on commodities, cars prominent among them. While some brands anticipate returning close to normal production levels for the 2022 model year, others continue to downsize their production volumes. Brass tacks, what does this mean for a car consumer heading into the end of 2021 and beyond?
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January 2022
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