WHY A TINY CAR MICROCHIP IS CRIPPLING THE AUTO INDUSTRY & PUSHING HIGH CAR PRICES: The Homework Guy

WHEN WILL THE CAR MICROCHIP SHORTAGE END? THG MAKES A PREDICTION ON WHEN IT WILL END. HOW LONG WILL THE MICROCHIP SHORTAGE LAST? SUBSCRIBE ON YOUTUBE /kevinhunter� �� #Car​ #Cars​ #News​ #Deals #TheHomeworkGuy​ While the automotive industry was ravaged early on in the pandemic thanks to lockdown measures and a dramatic decrease in travel, it more recently has begun facing a new problem: a shortage of microchips. Microchips are vital to much of a vehicle’s key functions, such as engine control, transmission, infotainment systems, and more. In the last half of 2020 and now in 2021, vehicle sales recovered faster than automakers anticipated. Suddenly, they were struggling to meet demand. At the same time, chipmakers were experiencing supply shortages and increased demand from other sectors, such as personal electronics. With the resulting lack of microchip supply, automakers have been forced to slow production, even on their most popular models. For several automakers, the shortage is expected to cost them $1 billion or more — and even still, the alternatives are worryingly few. VISIT THE HOMEWORK GUY WEBSITE: https://thehomeworkguy.com WANT TO LEAVE A TIP FOR THE HOMEWORK GUY TEAM? https://www.paypal.me/consumeradvice or https://cash.app/$ TheHomeworkGuy JOIN US ON OTHER SOCIAL MEDIA! Facebook: https://www.facebook.com/thehomeworkguy/ Twitter: https://www.twitter.com/TheHomeworkGuyZ Instagram: https://www.instagram.com/the_homework_guy/ Rumble: https://rumble.com/c/c-419535 Odysee: https://odysee.com/@ TheHomeworkGuy:9 Bitchute: https://www.bitchute.com/thehomeworkguy/ GET AWESOME (THG) HOMEWORKGUY MERCHANDISE. SHOW DEALERS YOU ARE IN CONTROL OF YOUR NEXT CAR DEAL! https://the-homework-guys-store.creator-spring.com/ The Homework Guy Team presents these Chapters for Car Buying Advice: 0:00 - The Homework Guy Team: Amazing Elizabeth with Kevin Hunter 0:27 - What is Microchip shortage in vehicles 1:09 - When will microchip shortage for cars end and why dealers have low inventory of cars 1:43 - Why are Microchips such a big deal in new cars? 2:13 - Most Microchips are made in Taiwan's TSMC plant, or overseas 2:36 - The United States needs to get serious about manufacturing our own microchips 2:51 - Two Colliding Factors made the semiconductor problem blow up 3:39 - Car Manufacturers gambled, thinking car sales would nose dive in 2020. Wrong! 4:26 - GM reports that they expect to have the chips they need to ship cars by fall 2021 4:37 - Alliance for Auto Partnerships believes semiconductor chip shortage could last awhile 4:52 - What will happen to New Car Prices when the chip shortage ends? 5:33 - Many Automakers shift chips to higher margin vehicles 5:45 - Ford Motor Company announces more cuts to vehicle production 5:54 - How many Microchips does a car use? 6:20 - Some Car Manufacturers eliminate options to reduce need for chips 6:36 - The Homework Guy prediction for when the Chip Shortage Ends 7:07 - Car Manufacturers may bring Chip Production in-house in the future. The Homework Guy Team provides consumers with information, automotive news and updates, industry outlook, buying and selling advice, and other help to level the tables. The public face of THG is Kevin Hunter and master negotiator, Elizabeth. Tons of time and research goes into every show, planning for weeks, several projects always on the table. From Automotive News Updates to vehicle shopping advice and assistance, The Homework Guy Team is the best there is. THG CATEGORIES: cars, truck, van, suv, auto, new cars, used cars, autos, mechanics, automobile, vehicle, dealer, automotive news, auto shop, service plans, extended warranty. LEADING CAR BRANDS (MANUFACTURERS) WE COVER IN THE US: Ford, Toyota, Chevrolet, Honda, Nissan, Jeep, Ram, Dodge, Hyundai, Subaru, Kia, GMC, Mercedes-Benz, Volkswagen, Tesla, BMW. #dealership​ #carsforsale​ #PersonalFinance #Investment #Dealerships How can The Homework Guy Videos help Car Buyers? 1. What you need to know before buying a car. 2. Information you need when buying a car at a dealership. 3. How to Buy and Sell Cars 4. Learn the process of buying a car from start to finish 5. Questions to ask at a Dealership 6. Car buying tips and tricks from the experts 7. How to Buy and Pay for a Car with Cash 8. Using Carmax, Edmunds, TrueCar, Autolist, or Kelley Blue Book. 9. Buying a Car out of state. 10. Taking Control of the Car Buying Process. 11. What to do if Scammed. 12. Illegal things Car Dealers can do. 13. How to Avoid Dealer Scams. Will The Homework Guy Team become the #MrBeast​ of the Auto Industry? Time will tell! We’ve seen amazing growth, and over 327,000 Subscribers and counting. Meanwhile, if you prefer to fix your current car, check out channels like Chris Fix or Scotty Kilmer! If you wonder where we get such brilliant financial ideas, watch the Dave Ramsey Show! But, if you just need to get lucky and be handed a wad of cash, well... see Mr Beast!

Category