Chip shortage: 65% said the chip supply shortage will ease in 2023, while 20% think it will last into 2024 or later. 15% see supply and demand in balance for most products.
Is the car chip shortage getting better?
The chip shortage has pummeled the global auto industry for years, depressing dealership inventory levels and driving up new and used vehicle prices. But experts from AutoForecast Solutions say that by the end of 2022, the semiconductor shortage won't be nearly as bad as it was last year.
Will the chip shortage end in 2022?
Although the chip shortage and supply bottlenecks have begun to ease, semiconductor and supply chain issues are unlikely to be resolved in the near-term and are expected to continue to affect production in 2023.