Wisconsin car dealers won’t be slashing prices any time soon. The shortage of computer chips that was driving those prices higher had appeared to be easing in the spring. Car buyers were hoping for some relief. That situation has changed. A surge in COVID-19 cases pushed by the delta variant in several Asian countries is making the supply shortage worse. Those countries are the main producers of auto-grade chips. The renewed pandemic is putting a stop to a return to normal auto production and keeping the supply of vehicles available for sale at a low point. Now, industry analysts say the record-high prices for vehicles will extend into next year and might continue into 2023.

No responses yet

Leave a Reply

%d bloggers like this: