The issue is a worldwide supply shortage of semiconductors, which are now found in most modern vehicles and operate everything from brakes to air conditioning to windshield wipers. With multiple buyers fighting over new vehicles, no one's dickering over price, said Greg Layson, digital and mobile editor of Automotive News Canada. The semiconductor shortage is proving to be a big problem, as they're found in most modern vehicles and operate everything from brakes to windshield wipers. Dicko said a recent survey of members found more than 90 per cent expect the inventory issue will be their biggest problem for several more months. Canada considering own semiconductor supply"We're in a once-in-a-lifetime crisis in inventory," said Flavio Volpe, president of the Automobile Parts Manufacturers Association.

Source: CBC News August 02, 2021 08:00 UTC