Toyota U.S. Chief Sees No End to Sticker Shock in Sight

The video discusses the impact of the Ukraine invasion on the supply chain, highlighting increased inflation and chip shortages. It examines the imbalance between consumer demand and supply in the car industry, with rising prices and reduced incentives. The timeline for supply chain recovery is estimated to extend into 2023, with ongoing challenges from microchip shortages and other disruptions due to COVID and labor issues.

What is the estimated time frame for the normalization of inventory levels in the car industry?

What role do microchips play in the current supply chain issues?