The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Car prices remain high as Chinese-made semiconductor shortage keeps inventories low

News Snapshot:

WATCH NOW: Car prices remain high as Chinese-made semiconductor shortage keeps inventories low FORT MYERS, Fla. – Car prices could remain high for another two years as dealerships continue to struggle to maintain their inventory of used and new cars due to a shortage of Chinese-made semiconductor chips, dealers told Fox News. “We have to charge more money for the cars because we’re paying more money for the cars,” John Bodmann, a product specialist with McGrath Volvo Cars of Fort Myers, told Fox News. “The prices of used cars have escalated since the availability of new cars is limited.” The…

Other China Tech Buzz: