Stock shortages are having a profound impression on the
After the disruption from the COVID-19 pandemic in 2020, the
present microchip scarcity impression on automobile manufacturing and
stock shortages have hampered gross sales for nearly all manufacturers.
Make loyalty decline was widespread
As customers returned to market with restricted decisions, fewer have been
loyal to their model. There’s a sturdy optimistic correlation
between days’ provide and make loyalty (Fig. 1).
Learn our full US Automotive Advisory Insights from IHS Markit.
Our March 2022 report on the US Market focuses on the profound
impression stock shortages are having on the automotive trade,
together with the widespread make loyalty decline.