Where Can the Automotive Industry Go From Here?: Part One
Investing Insights
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The Chip Shortage and the Auto Industry
U.S. like vehicle inventory has really been on a huge roller coaster since the pandemic started in March of 2020. The chip shortage, I think, will take at least through the end of 2023 to resolve itself. Automakers aren't going to go back to pre-pandemic levels because they want to keep pricing healthy. But my prediction is probably something in either very high, 2 million to low, 3 million range is ultimately where we'll get.
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