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Semiconductor chip shortage

Would-be used-car buyers could be in for a rude awakening on dealers' lots

by Henry Epp
Oct 12, 2023
While prices slipped last month, they're still significantly higher than before the pandemic — and headed higher.
Used car prices are dropping. But if you haven't been in the market for a used car since before the pandemic, prices might still shock you.
Scott Olson/Getty Images
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Has the computer chip glut reached its peak?

by Henry Epp
Jul 7, 2023
The semiconductor industry is notoriously cyclical, but the need for chips that power artificial intelligence may be what kicks up demand this time around.
Samsung reported a huge decrease in quarterly profits this week.
UNG YEON-JE/AFP via Getty Images
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New cars have been a seller's market, but that's changing

by Savannah Peters
Apr 13, 2023
In March, the average new car sold for $171 below asking price, according to Kelley Blue Book. But that's still higher than before COVID.
A year ago, the average new-car buyer was paying close to $1,000 over sticker price. But with the semiconductor chip shortage easing, some automakers are ramping up production, says Rebecca Rydzewski of Cox Automotive.
Mario Tama/Getty Images
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