BROOKLYN, N.Y., Nov. 25, 2021 /PRNewswire-PRWeb/ — Signature Auto Group, a premier online car leasing company, with offices in both Brooklyn, NY and Fort Lauderdale, Florida, is excited to see semiconductor manufacturers opening new factories and supply chains in the United States and the rest of North America. All this in an effort to combat the current global chip shortage which has taken a toll on car inventory across the globe. With automotive and technology prices skyrocketing across the board, new factories in the United States will help to alleviate supply shortages.
The automotive industry has experienced a multitude of issues stemming from semiconductor shortages, such as manufacturing delays and part shortages. As demand for new vehicles continues to rise, prices across the board have increased, for both leasing and financing of new cars. Due to this, the used car market has seen an increase in