Semiconductor chip shortage issue now in the rearview mirror, says Morgan Stanley; auto stocks surge 3%

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“in the rear view” makes it seem like we’re past it. I’m still getting quotes foe >52 week lead times for a lot of parts that used to be readily available, so I have to say based on personal experience that I disagree…

kisielk

Some are estimating there will be a huge reduction in car prices. Manufacturers have thousands of 2021 model cars that are waiting on chips, yet they are already starting to produce 2022s. So when the chips become available there will be a huge glut of new/last year‘s model that need to go. Be ready for huge price cuts.

giveherthebatwing

You can literally search car chip shortage on any search engine and you can’t read all the articles showing giant chip shortages. Car manufacturers are having to quit putting options on cars because they don’t have chips. Cars are backing up at factories or they are being shut down. This article and reality are not meeting up

stocksnhoops

Yeah, this seems fanciful. I expect large volume buyers will be first in the queue, but my mid-sized (~$500m) company is still seeing new shortages appear. And we’ve done extensive redesign to select high-availability parts – auto can’t do that.

randomblast

I’m in the market for a used car and don’t know what to do. It seems like 2023 is when we can expect some sense of normalcy to return, but I don’t know if I can wait that long.

JustDragonfruit9