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Early on in the COVID-19 pandemic , global microchip makers slowed down
production to comply with efforts to slow the spread of the virus, and they've been
slow to ramp back up to demand. As Automotive News reports, this has had a huge
impact on auto manufacturing around the globe, with Mercedes-Benz, Volkswagen,
Nissan, and Suzuki all announcing that their production has been affected. Honda
may also have to cut production in Japan until the bottleneck is solved.
US car sales just had their worst quarter since the Great
Recession
By Chris Isidore, CNN Business
Updated 1:48 PM ET, Wed July 1, 2020
"'
lendingtre
e·
Mortgage
Loan Type Rate APR
30 -yr fixe d 2.50% 2.65%
15 -yr fixed 1.88% 2.16%
5/1 ARM 2.50% 2.70%
Loa n Am oun t APR Paym ent
$225,000 (5/1ARM) 2.70% $889.02/mo
I
I
$350,000 (5/1 ARM) 2.54% $1,315.66/mo
Auto dealers are closed. Sales have plunged. Online sales
are now the industry's best hope
By Peter Valdes-Da na, CNN Business
Updated 2:13 PM ET, Tue April 14, 2020
lend1ngtre
e·
Mortgage
l oan Type Rate APR
30-yr fixed 2.50% 2.65%
15-yr fixed 1.88% 2.16%
5/1ARM 2.50% 2.70%
Lo an Am oun t APR Payment
$225,000 (5/1ARM) 2.70% $889.02hno
$350,000 (5/1 ARM) 2.54% $1,315.66/m o
calculate payment
$225,000 (5/1ARM) 2.70
%
$889 .02/mo
$350,000 (5/1 ARM) 2.54% S1,315.66/mo
calculate payment
Microchip Shortage Slowing Car Production
Early on in the COVID-19 pandemic, global microchip makers slowed down production to
comply with efforts to slow the spread of the virus, and they1ve been slow to ramp back
up to demand. As Automotive Ne:i,vs re po rt s, this has had a huge impact on auto
manufacturing around the globe, with Mercedes-Benz, Volkswagen, Nissan, and Suzuki all
announcing that their production has been affected. Honda may also have to cut production
in Japan until the bottleneck is solved.
l oan Type Rate APR
30-yr fixe d 2.50% 2.65%
15-yr fixed 1.88% 2.16%
S/1 ARM 2.50% 2.70%
Loan Am o un t APR Pay ment
$225,000 (5/1 ARM) 2.70% $889.02/mo
$350,000 (5/1 ARM) 2.54% $1,315.66/mo
Buyers aplenty, but dealers are running on empty
With assembly lines idled because they can't get enough microchips and demand for new vehicles booming,
dealers across the country have disconcertingly watched their inventory wither away.
Arrival: Everything Starts With
Vision
106km-+
3Months
2. Clarity helps
the Journey.
1. WHERE DO YOU WANT TO
GO?
• The Address Determines the Destination
2. Clarity helps
the Journey.
NOSIGNAL
4. Dealing with Distractions
0000500
3. Connectability vs. Dead
Zones
4. Dealing with
Distractions
5. Check the History Log
IS20G14 - G.P.S. Your Success
IS20G14 - G.P.S. Your Success

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IS20G14 - G.P.S. Your Success

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  • 21. US car sales just had their worst quarter since the Great Recession By Chris Isidore, CNN Business Updated 1:48 PM ET, Wed July 1, 2020 "' lendingtre e· Mortgage Loan Type Rate APR 30 -yr fixe d 2.50% 2.65% 15 -yr fixed 1.88% 2.16% 5/1 ARM 2.50% 2.70% Loa n Am oun t APR Paym ent $225,000 (5/1ARM) 2.70% $889.02/mo I I $350,000 (5/1 ARM) 2.54% $1,315.66/mo
  • 22. Auto dealers are closed. Sales have plunged. Online sales are now the industry's best hope By Peter Valdes-Da na, CNN Business Updated 2:13 PM ET, Tue April 14, 2020 lend1ngtre e· Mortgage l oan Type Rate APR 30-yr fixed 2.50% 2.65% 15-yr fixed 1.88% 2.16% 5/1ARM 2.50% 2.70% Lo an Am oun t APR Payment $225,000 (5/1ARM) 2.70% $889.02hno $350,000 (5/1 ARM) 2.54% $1,315.66/m o calculate payment
  • 23. $225,000 (5/1ARM) 2.70 % $889 .02/mo $350,000 (5/1 ARM) 2.54% S1,315.66/mo calculate payment Microchip Shortage Slowing Car Production Early on in the COVID-19 pandemic, global microchip makers slowed down production to comply with efforts to slow the spread of the virus, and they1ve been slow to ramp back up to demand. As Automotive Ne:i,vs re po rt s, this has had a huge impact on auto manufacturing around the globe, with Mercedes-Benz, Volkswagen, Nissan, and Suzuki all announcing that their production has been affected. Honda may also have to cut production in Japan until the bottleneck is solved.
  • 24. l oan Type Rate APR 30-yr fixe d 2.50% 2.65% 15-yr fixed 1.88% 2.16% S/1 ARM 2.50% 2.70% Loan Am o un t APR Pay ment $225,000 (5/1 ARM) 2.70% $889.02/mo $350,000 (5/1 ARM) 2.54% $1,315.66/mo Buyers aplenty, but dealers are running on empty With assembly lines idled because they can't get enough microchips and demand for new vehicles booming, dealers across the country have disconcertingly watched their inventory wither away.
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  • 26. Arrival: Everything Starts With Vision 106km-+ 3Months 2. Clarity helps the Journey.
  • 27. 1. WHERE DO YOU WANT TO GO? • The Address Determines the Destination
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  • 33. 4. Dealing with Distractions
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  • 38. 3. Connectability vs. Dead Zones
  • 40. 5. Check the History Log