Chip Shortage
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Canada’s auto industry bucks 5-year production decline, more gains expected: DesRosiersCanadian auto production rose last year to break a five-year streak of decline, and the output boost is expected to continue in 2023.EconomyFeb 22, 2023
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‘Unprecedented’ global chip shortage pushing electric vehicle delays into yearsDelays for new electric and hybrid cars are stretching from months into years as a global semiconductor shortage persists, limiting stock at dealerships.ConsumerNov 7, 2022
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Retail sales flat in March as supply issues, chip shortages weigh on car salesStatistics Canada said sales in March were up in 10 of the 11 subsectors it tracks, representing 75 per cent of retail trade.EconomyMay 26, 2022
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Canadian auto sales tumble 12.4% in FebruaryDesRosiers Automotive Consultants says the seasonally adjusted annual rate for February sales came in at 1.62 million, down from the 1.85 million for February last year.EconomyMar 2, 2022
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Manufacturing sales in Canada fell 3% in September amid chip shortageStatistics Canada says sales of motor vehicles fell 35.6 per cent to $1.9 billion, the lowest level since May 2020.EconomyNov 15, 2021
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Why it’s so hard and expensive to rent a car in Canada right nowSome analysts expect the events of the last 15 months amid COVID-19 have culminated in renewed demand in June to push car rental prices higher.ConsumerJun 25, 2021
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From takeout to gas prices, how to protect yourself from rising inflationCanada's inflation is inching upward. Here's why and how long it might last.MoneyMay 15, 2021
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Canadian manufacturing sales hit highest level since 2019 in MarchCanadian wholesale and manufacturing sales in both climbed higher in March after pulling back in February.EconomyMay 14, 2021
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Want to buy a car? The semiconductor chip shortage could affect your selection and priceAutomakers are struggling to find semiconductor chips for key vehicle modules. Here's what it means for car shoppers.MoneyMar 27, 2021
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