Car Costs HIGHER, INFLATION and Car CHIP Shortages // UPDATE

Cars shortages are still and issue. Add in inflation and this has affected virtually every industry in the country, but one industry has been hit harder than others, cars. In fact, a new report claims that inflation affected car ownership and its related expenses more than other essential goods and services in the U.S. Get some insight on this from Lauren Fix, The Car Coach. She tells us about a Jeep with a $50,000 up charge due to the chip shortages. If you have additional questions, put them in the comments below and I'll be happy to answer.

0:00 Update | Car Costs HIGHER, #Inflation and Car CHIP Shortages
0:22 increase in car costs, #fuel costs, rental cars - $50k ADM
2:15 increased costs impact the rising economy of electric vehicles
3:30 charging
4;00 Ali Baba designing its own processor chips
4:55 Texas ground zero for semi-conductors

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#chipshortage #car #jeep #alibaba #microchips #texas #china #processor #ecommerce #chips #semiconductor #exports cnbc stocks #ford #GM #vertical #carsales #dowjones #stockmarket