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Tyler Alvord and Sahana Madhanagopal discuss the semiconductor shortage and its impact on the auto industry and your local car dealership. Shifts in demand and labor shortages from the pandemic have led domestic auto inventories to their lowest levels on record going back to 1993. While semiconductor companies and the public sector have pledged billions of dollars to increase research and production, these efforts will take time before being absorbed by the supply chain. So don’t expect your local car dealership inventory lot to return to normal levels anytime soon.
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