Prices for new and used cars skyrocket as holidays near
Clip: 12/19/2021 | 4m 46sVideo has Closed Captions
Prices for new and used cars skyrocket as holidays near
With the auto industry still reeling from a computer chip shortage and low production due to COVID-19 shutdowns, rising car prices show no signs of abating soon—and consumers are bearing the brunt of it, with record high average asking prices for both new and used. Nora Naughton, automotive industry reporter for the Wall Street Journal, joins from Detroit.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Prices for new and used cars skyrocket as holidays near
Clip: 12/19/2021 | 4m 46sVideo has Closed Captions
With the auto industry still reeling from a computer chip shortage and low production due to COVID-19 shutdowns, rising car prices show no signs of abating soon—and consumers are bearing the brunt of it, with record high average asking prices for both new and used. Nora Naughton, automotive industry reporter for the Wall Street Journal, joins from Detroit.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...