In 2022, automakers built 1.62 million fewer cars than expected in North America because of the chip shortage — about half of the 3.25 million vehicles impacted in the region the year before.

Reuters

Automakers built 4 million fewer cars in 2022 than they would have due to the chip shortage. That's down from 11 million vehicles lost the year before. The waning chip shortage could be a good sign for today's car-buyers.

Weary car-buyers may stand to benefit from the waning impact of the chip...

Continue Reading It'll be much easier to buy the car you want in 2023 as automakers put the chip shortage in the rearview