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Explained: the vehicle microchip shortage

If you’ve been out to dealership lots, shopping for a new or pre-owned vehicle in person or online, or even just following the news at all for the past year, you may have noticed some drastic changes to the automotive industry.  In particular, an ongoing and severe shortage of semiconductors coupled with increasing demand for new and pre-owned vehicles has had a huge impact on auto dealer inventory for close to a year now. 
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