Last year’s pandemic has caused severe and enduring disruptions in the production of microchips. This global shortage of microchips has caused a significant slowdown in the automotive industry, forcing automakers to delay or halt the production of many cars.
Purchasing a car can be a nerve-racking experience. If your budget is limited, or you want to avoid the rapid depreciation of a new vehicle, you might consider looking into used cars. One of the few potential downsides of purchasing a pre-owned vehicle is getting one that turns out to be unreliable and in need of expensive repairs – or a lemon.
Whether you’re running errands or commuting to work, you have probably noticed the increased presence of electric cars on the road. Despite the recent coronavirus pandemic, electric car sales have been on the rise. Just last year, global sales rose by 43%, which equates to more than three million electric cars sold in 2020.