The Global Chip shortage is continuing to take a toll on the auto industry as Ford and General Motors have announced plans to scale back production amid the supply chain issue. GM will be idling nearly all of its North American Assembly plants starting on Monday. A handful of facilities producing full-size SUVs, heavy-duty pickups, the Corvette, and Camaro will remain operational for the time being. The semiconductor shortage has taken a toll on the auto industry as the crucial chips are used in components such as airbags and touch screen displays. This has created issues for other brands including Ford, they recently reported that new vehicle sales in August declined by nearly a third due to the shortage. Ford will be rolling back production at many of its plants, which includes reducing the number of shifts operating assembly lines. No brand is immune to this problem. This begs the question, how long can this situation affect the auto industry? Lauren Fix explains.
If you have additional questions, put them in the comments below and I'll be happy to answer.
0:00 Global Chip Shortage = How Much Longer?
1:20 Supply chain disruption - autos
2:30 Hoarding of chips
3:36 Used car prices
⬇️. Check out our new podcast on all platforms:
Total Car Score ► [ Ссылка ]
with Lauren Fix, @KarlBrauer, and @JavierMota.
⬇️ Social media:
Twitter: ► [ Ссылка ]
Facebook: ► [ Ссылка ]
Instagram: ► [ Ссылка ]
MeWe: ► [ Ссылка ]
CloutHub: ► [ Ссылка ]
⬇️ Website: CAR COACH REPORTS - car reviews, expert advice, and Car Smarts:
► [ Ссылка ] in English and Spanish
⬇️ Get My Book: ** Lauren Fix's Guide to Loving Your Car ► [ Ссылка ]
⬇️ Free Monthly Newsletter - Car Reviews & Saving Secrets: ► [ Ссылка ]
⬇️. See more Car Coach Reports
Auto News & Car Reviews - [ Ссылка ]
Breaking News ► [ Ссылка ]
Auto Education ► [ Ссылка ]
His Turn - Her Turn™ Car Reviews - [ Ссылка ]
SUPPORT INDEPENDENT CREATORS
The Fix Family has taken generations of passion, pride & automotive expertise to create unique auto products & books that will keep you, your family & cars safer and running better for years to come.
⬇️. Thank you for SUPPORTING US: [ Ссылка ]
⬇️ Our Gear ► [ Ссылка ]
Music by subscription: Epidemic Sound
©Automotive Aspects, Inc., 2021. All Rights Reserved.
new global breaking chip shortage #chipshortage #breakingnews #news cnbc stocks yahoo finance yahoo finance premium equities
Global Chip Shortage = How Much Longer? EXPLAINED
Теги
Lauren Fixcar coach reportsCar CoachCar Smartscar expertglobal chip shortagechip shortagestock marketbreaking newsglobal chip shortage stockschip shortage explainedworld newsglobal chip shortage explainedcomputer chip shortagecomputer chipsfinance newsgeneral motorschip shortage 2021global chip shortage teslachip shortage auto industrytech newschip shortage newsglobal chip shortage causeglobal chip shortage whyfordtoyotaev