May 17, 2021
“Even with outages slightly easing in many states, at least a third of gas stations were without fuel in Maryland, Virginia and Georgia, according to tracking firm GasBuddy. Roughly half of the stations in the Carolinas were lacking gasoline, and… Continue Reading…
May 14, 2021
“The ongoing semiconductor chip shortage is now expected to cost the global automotive industry $110 billion in revenue in 2021, according to consulting firm AlixPartners. The forecast is up by 81.5% from an initial forecast of $60.6 billion, which the New York-based… Continue Reading…
April 9, 2021
“General Motors is temporarily shutting down more auto plants, leading to tight inventories at dealerships and higher prices for customers. The global chip shortage is to blame.The company announced it would shut production at two US plants — in Spring… Continue Reading…
October 17, 2019
“Housing inventory hit a record low about two years ago, but a lull in home sales over the past year helped build back much-needed supply, especially in the mid-priced range. Then a sharp drop in rates this summer brought demand… Continue Reading…
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