Auto Industry Deals With Shortage of Semiconductor Chips

A technology bottleneck is becoming a serious problem for auto makers and car dealers. There is a global shortage of semiconductor chips, which are used in everything ranging from power steering to dashboard functionality. President Biden has called for a $2.3 trillion infrastructure plan that includes a $50 billion investment in semiconductor manufacturing and research.

We discuss the implications of the shortage and what it means for car buyers and sellers with Tim Jackson, President and CEO of the Colorado Auto Dealers Association.

placeholder image