Carwow explains shortage of 5 million cars by end of 2021

  • This topic has 3 replies, 1 voice, and was last updated 5 years ago by joss.
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  • #147842
    Appleman

      Worth a watch to understand the shortage everyone faces

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    • #147861
      Appleman

        So longer delivery times, or cars taken off scheme altogether, would seem to be the future during 2021/22

        #147866
        Richard

          Not just chips, iron ore just hit a new record high.

          Not relevant to cars so much but timber hit a new record too

          Copper too just hit a new record high.

          With prices ramping up its bound to attract investors into doing unethical/unreasonable stuff to drive prices higher too. We’re about to enter a period of record spending as governments around the world attempt to kick start their economies after Covid so demand for raw materials like Iron ore, copper etc is going to be the highest its been since WW2. On top of that demand for high grade silica for semiconductor markets.

          This is going to take years to shake out

          #147876
          joss
          Moderator

            Hopefully it will all be sorted out by the time I am due to order my next car. However for those caught in the current shortage, good luck in getting you next car.

            Troubling times for all technology using micro processors in their equipment.

            Joss
            Current car: BMW X2 sDrive 20i M Sport 5dr Step Auto In metallic Portimão Blue. 04:10:2025
            Previous car:Peugeot 308 GT Premium 1.2 Pure tech Petrol.

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