The weakened economy, in conjunction with inflation, has allowed automakers an opportunity to use decreased chip demand in other industries to their own advantage.
The 2022 Crash Course annual report from CCC offers an in-depth insight into how and why of the semiconductor shortage and its direct effect on the automotive aftermarket.
Though negatively affecting the auto industry currently, several reports suggest the semiconductor shortage could be a sign of long-term economic growth in the not-too-distant future.