Semiconductor Chip Shortage

• Canada’s auto industry bucks 5-year production decline, more gains expected: DesRosiers

  Canadian auto production rose last year to break a five-year streak of decline, and the output boost is expected to continue in 2023.

  Economy

  Feb 22
  
• Looking to buy a new car? Wait times could stretch up to 2023, experts say

  Along with supply chain problems, one of the main reasons for the delay in vehicle deliveries is due to the global chip shortage.

  Consumer

  May 1, 2022
  
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• Canadian used car sales rose 5% in 2021 amid semiconductor shortages

  Independent car dealers saw weaker growth than franchised dealers last year because they lack off-lease trade-ins, according to the report.

  Consumer

  Feb 9, 2022
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• Magna’s profit hit in Q3 as chip shortages continue to hamper auto production

  Magna says vehicle production was significantly lower than anticipated largely due to the chip shortages.

  Economy

  Nov 5, 2021
• Canadian auto production ‘being hit hard’ by global semiconductor shortage

  Canada is expected to produce only about 1.2 million vehicles this year, down from 1.4 million last year and well off the 2.2 million yearly average for the decade up until 2019.

  Economy

  Oct 11, 2021
• Want to buy a car? The semiconductor chip shortage could affect your selection and price

  Automakers are struggling to find semiconductor chips for key vehicle modules. Here's what it means for car shoppers.

  Money

  Mar 27, 2021