Did you notice higher-than-normal car prices on your last trip to the dealership?
The global microchip shortage continues to crimp vehicle manufacturing and limit supplies, creating a shortage that is making it hard for dealers and customers to find vehicles and driving prices to all-time highs.New vehicle sales in the Houston region are on a roller coaster path as new inventory comes in spits and starts, resulting in uneven sales from month to month.
The global microchip shortage continues to crimp vehicle manufacturing and limit supplies, creating a shortage that is making it hard for dealers and customers to find vehicles and driving prices to all-time highs. The average local sale price for a new vehicle in greater Houston jumped 14 percent to $49,688 from $43,618 last the year before.
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