By Kelly Evans, CNBC •
Updated 2 hours ago
CNBC
Remember my whole thing last year about needing a minivan? Well, thank God we got one when we did. If we had waited even a few months, we might be in the same boat my neighbors are in right now having their order for a new minivan cancelled on them
sixteen weeks after first placing it.
What s going on? Two words: chip shortage. What started out as headlines on CNBC is now morphing into a massive problem in the auto market. Sure, auto dealers might be loving the frenzy of orders right now, as this headline on Reuters suggests, but they re going to be in a world of hurt if they can t get enough cars to meet demand in the months dare I say, even the year or so ahead.
February | 2016 | Circlet Press
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1901: A Steam Odyssey by Lionel Bramble
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