Empty Lots, Angry Customers: Chip Crisis Throws Wrench into Car Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Having trouble buying a new car? Or renting one? Here's why: The world's computer-chip shortage has left car dealers with the fewest

has left dealers with the fewest offerings in decades., and many buyers expecting to drive new cars off the lot have to wait weeks or months for their vehicles to arrive. Some showroom models sell for thousands of dollars over the sticker price.

“We may just be in the greatest new-car market of our existence,” Philadelphia-area car dealer David Kelleher said, “and we’re doing it with no cars.” He recently woke up at 3:30 a.m. in a cold sweat and scrolled an iPad to check on his inventory of Jeeps and Ram trucks. After posting his best months ever in March and April, Mr. Kelleher was heading into the busy summer sales season with 98 vehicles on his lot instead of the usual 700.

“That really shook me up in a bad way,” he said. “This is going to be longer and more difficult than most people think.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

To say nothing of cars that are damaged and awaiting repairs. We’ve been waiting for our Acura to be repaired from an accident for about 70 days. No end in sight.

Angry customers bc they can’t buy a car 😆 While millions of people are dead from covid and many millions still don’t have access to life saving vaccine America has created a not at all self absorbed citizenry!🏆

Ready to make a change? Thread with details:

The life of Palestinian children is like the life of a butterfly..Be the voice of them! HearGaza

Lol Gotta be a special kinda dumb/rich to talk UP a dealership

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines