while any hopes of a lasting recovery later on were dashed by a severe shortage of semiconductors - or computer chips. These are critical components in modern cars, being used in areas such as ...

Chip-shortage 'crisis' halts car production Carmakers urge regulators ... same chip manufacturers that currently facing backlogs. GM did not disclose how much volume it would lose or which ...

Anyone who's bought a car in the ... Since these chips are a necessary component in most new vehicles, the shortage created a domino effect for consumers. Not only did the decrease in new vehicles ...