Uncertainty about Duration of Automotive Microchip Shortage

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The 54th State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market as presented by AF Editor Mike Antich.

Today's topics include:

• · Latest developments in past week in the area of new-product availability and order-to-delivery times being driven by the ongoing microchip shortage.
• · Intel CEO speculates that microchip shortage may extend into 2023 calendar-year.
• · As end-user customers scramble for microchips, widespread multi-sourcing is causing supply chain confusion.
• · The need to provide priority allocation of microchips to certain industries, such as the automotive industry.

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