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Auto Shoppers Exit Market on Supply Woes

Auto Shoppers Exit Market on Supply Woes

According to Kelley Blue Book, 48% of in-market car shoppers say they’re likely to postpone their purchase due to the chip shortage. Of those likely to postpone, most plan to wait at least several months: 40% said seven months or longer, 40% said three-to-six months, and 12% said one-to-two months.