Title: A Microchip Might Be Why the New Car You Want Is Hard to Locate
Headings: A Microchip Might Be Why the New Car You Want Is Hard to Locate
A Microchip Might Be Why the New Car You Want Is Hard to Locate
Pandemic Pressure
Ford, FCA, Toyota, Subaru, VW Having to Adjust
Kinks in the Supply Chain

Content: And then, lastly, the older microchips that the auto industry relies on—commonly referred to as eight-inch wafers—can't be produced quickly enough by automotive chip manufacturers such as NXP Semiconductors and Infineon due to manufacturing limitations. Through the second half of last year, new-vehicle inventories were much lower than the industry prefers, and although inventories have made a recovery, they are still lower than where they were at this time last year. Automakers are attempting to taper back production of vehicles that have higher inventories. Still, to take one example, there is a less than 30-day supply of the Toyota Tundra, which has had production cut back, according to Cox Automotive. Similar to the supply challenges the automotive industry faced in the second quarter of 2020, the full impact of this semiconductor shortage likely won’t be completely understood until it’s behind us. The same goes for the degree to which dealer inventories, and therefore consumers, are affected. One thing is for certain, though: the impacts and challenges of the pandemic are far from behind the auto industry. This content is imported from {embed-name}. You may be able to find the same content in another format, or you may be able to find more information, at their web site.