📊Executive Summary

The article discusses the impact of the ongoing chip crisis on the automotive industry, particularly how it is pushing used car prices up. It highlights concerns about a potential new car shortage due to semiconductor supply constraints, which could further exacerbate the situation. As the automotive sector relies heavily on semiconductors for vehicle production, procurement teams should be aware of the implications for sourcing and pricing strategies. The article emphasizes the need for manufacturers to monitor the semiconductor supply chain closely to mitigate risks associated with production delays and pricing volatility....