Carwow explains shortage of 5 million cars by end of 2021

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  • #147842 Reply
    Appleman

    Worth a watch to understand the shortage everyone faces

Viewing 3 replies - 1 through 3 (of 3 total)
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  • #147861 Reply
    Appleman

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

    #147866 Reply
    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 Reply
    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 2.0i Sport sDrive Auto 2019 with Sport pack
    Last car Ford Focus Titanium 1.5 TDCI
    Builder of Gaming PC's

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