Buying a new car? Maybe wait for the chip shortage to end first

Did you know SHIFT is taking the stage this fall? Together with an amazing line-up of experts, we will explore the future of mobility during TNW Conference 2021. Secure your ticket now! The worldwide semiconductor chip shortage has been slowing down car production for a while now. Toyota announced last month it would reduce production by 40% and a recent survey shows US automakers are set to produce 1.28 million fewer cars this year. But what does it mean for the rest people buying cars? How bad is the problem, and how did we get here? To find out, I went straight to the source and…

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