WebAug 30, 2024 · Higher prices for new cars have sent some new car shoppers into the used car market, pushing used car prices to new highs as well. The average used car price in July rose to $25,500 . WebMay 6, 2024 · Just in time. Ford Motor Co. is handling the chip shortfall similar to GM. Ford told industry analysts that the company had about 22,000 vehicles awaiting parts at the end of March. During a first ...
What Happened With the Semiconductor Chip Shortage—and ... - MotorTrend
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Shortage of Microchips Starts to Affect Car Availability
WebJan 13, 2024 · As of Dec. 1, 2024, Honda inventory stood at 59,800 vehicles, down 83% from the 346,100 units the automaker had at the same time in 2024. The brand’s days’ supply — the number of days at the ... WebMay 16, 2024 · That led to a global shortage of the tiny components, and it's gotten worse during the first part of 2024. "It's going to take some time for the chip makers to really catch up with the automotive ... WebJan 26, 2024 · 2024 Car Chip Shortage Update: 3 Developments to Watch. Dealers should be aware of the following three global developments, all of which will impact chip supply and demand: 1. The Benefits of New Legislation Will Take Time. As mentioned in our automotive chip shortage article in August of last year, global events, including the COVID-19 ... tova name origin