5 déc. 2022 · The chip shortage could be just about done pummeling the auto industry, experts say — so cars may get a whole lot cheaper in 2023.
Is there still a car chip shortage 2022?
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.
How long will the car chip shortage last?
The second half of 2022 will start to reflect supply chain recovery according to J.P. Morgan Research. Global car production is forecasted to be up 7% in the 2023 fiscal year, with sequential improvements expected from the second half of 2022 as the chip shortage gradually improves.
Is the chip shortage still affecting cars?
Demand for semiconductors may be falling, but automobile manufacturers still face chip shortages and supply issues to the extent that some are halting or cutting production.
Is the new car chip shortage getting better?
Additionally, the chip shortage is gradually improving, though analysts caution the issues will last well into 2023. As for the pandemic, only China is still insisting on lockdowns and stringent restrictions, but even there, things are improving. Furthermore, rising interest rates have cooled down the car market.