Automotive News Microchip Shortage

CNBC's Phil LeBeau reports on a shortage of microchips for new vehicles which has automakers scrambling to find suppliers to. Prices for both new and used vehicles are on the rise as a result of the shortage. Microchip shortage continues GM modifies remote work policy Ford's warning on supply woes. WUTR/WFXV/WPNY Eyewitness News Microchip shortage affects used auto industry.

20 The global shortage of semiconductors will cut worldwide auto production by as many as 7. 1 million vehicles this year. Automakers are shutting down production due to a shortage of chips and it's partly down to the Trump administration's war on. Chip check Automakers chipmakers differ on shortage timeline Midwest customers show patience amid tight supplies Ford.

Car makers say soaring demand for chips means the auto industry could struggle to source enough of them throughout next year. CNBC's Brian Sullivan discusses the semiconductor shortage and how its impacting automakers with Phil Amsrud senior. As the global microchip shortage continues to hinder new- vehicle production analysts provide an outlook on the used- car sector. Daimler said a global shortage of semiconductor chips will dent car sales in the second half of 2021 and will extend into 2022.