Automobile News Articles
The typical vehicle now boasts round 1,400–1,500 chips, and a few can have as a lot as three,000. This heightened demand, in conjunction with obstacles in the provide chain and disturbances in acquiring uncooked materials, continues to contribute to a growing disparity with the availability of uncooked supplies. This enormous economic value at stake only emphasizes how critical it’s to beat the current chip scarcity and keep away from major disruptions that may affect the car industry. More supply does look to be no much less than taking stress off worth development. The average new vehicle price in December was down zero.three per cent from November, whereas the used vehicle price was down 2.4 per cent from the previous month. The common price of a new automobile hit $67,259 in December, up 14.2 per cent from a yr earlier, mentioned AutoTrader in its newest month-to-month report.
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