THE MICROCHIP SHORTAGE AROUND THE WORLD HAS CAUSED INVENTORY SHORTAGES IN THE AUTOMOTIVE INDUSTRY

You may have heard in the news that there’s a shortage of microchips around the globe at the moment which is having an effect on pretty much every industry including the automotive sector. Car production has taken a massive hit due to the lack of microchips. Every electronic device uses microchips as part of its circuitry, including your mobile phone, computer, games console, and, of course, your car.