The worldwide microchip shortage is still an issue for the auto industry. Demand for new vehicles is high, dealership inventories are low, prices for new cars are being struck with “market adjustments” and coveted models like the Ford "F-150" Lightning, Broncos, and Maverick disappear before they even arrive at the dealers.
Now, auto industry reports estimate that the chip shortage has put the production of 2.1 million vehicles behind schedule for 2022...
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