Retail

Some public retailers say chip shortage could pinch supply into Q3

“We’re getting to the point where inventory is a problem, if not at this moment, very soon.”Earl Hesterberg, CEO, Group 1 Automotive (AUTOMOTIVE NEWS ILLUSTRATION)
May 03, 2021 04:00 AM

Publicly traded dealership groups are mixed on how much pressure they're feeling from the new-vehicle inventory squeeze borne from the microchip shortage. Some see vehicle shortfalls getting worse as spring goes on.

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