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The global chip shortage is starting to have consequences

cnbc.com

351–360 of 741 posts

Re: The global chip shortage is starting to have consequences

#351
post #267

Earlier quoted context omitted.

I get that this is a potential big problem, but I had to stop reading when the dog washing company blamed needing to respin a new board on a chip being out of stock due to this. I'm sorry, but if you aren't buying enough chips to build all the boards you want to build of a revision, this is just what happens, chip shortage or no. Stuff gets obsoleted all the time, it doesn't take a chip shortage. Blaming a black swan…

I'm very loosely involved in the highly customized keyboard business, think runs of a couple hundred units. One vendor is having trouble finding any chip to design for. The software stack supports a couple of dozen STM32 chip series, but none of them are even remotely available. I've seen a lead time of over 11 months. Before COVID, pretty much every single chip was in stock almost all of the time. Respinning a board…

Yep, we're hearing 52week lead times on pretty much all microcontrollers at the moment, with more esoteric parts being... somewhat more than that.

A year ago you could buy 10k+ units of most common parts -- in stock -- from each of the major distributors.

Re: The global chip shortage is starting to have consequences

#352
post #269

Earlier quoted context omitted.

I tend to buy around 4-6 years old and run them for 10-12 years as well, which is limited by New England tinworm from the road salt we use rather than mechanical issues. Beyond airbags and ABS (both now ubiquitous), I don’t need the new feature faff. I just need something that will start everyday and that I can do the basic maintenance on. Fortunately, that’s still easily available and cheap in the 5-ish year-old “th…

I feel like each year cars get way safer. It started with blind spot detectors/cameras, and modern cars will even brake automatically and keep you in your lane (or at least warn you if you leave it). Maybe new features like self-driving aren't as interesting, but I would buy a new car instead of a used one just for the perceived improved safety. I don't know if there's any research showing that these features actuall…

Most of the improvements are invisible. Better crumbing zones, better shock absorption, better composite materials. If you watch crash test of a modern car Vs 10-y old car, the later is significantly more dangerous. 20+ year old? Basically a death trap.

Re: The global chip shortage is starting to have consequences

#353
post #277

Earlier quoted context omitted.

> Nissan is reportedly leaving navigation systems out of cars that would normally have them Wonder if this will begin a trend. The car navigation system is pretty worthless these days except if you find yourself unexpectedly out of phone range (I still carry paper maps, but these days many phone navigation apps allow you to pre-download your route so you don’t have to worry about being out of coverage).

Awesome. I won’t consider any vehicle with a touchscreen for controls. Everybody already has phone navigation, so why duplicate it with a craptastically different UX? And then half the cars can’t sync your phone without a dozen menu selections.

And cans update the maps, except in a rare, cumbersome and expensive manner.

Re: The global chip shortage is starting to have consequences

#354

Earlier quoted context omitted.

0% loan on the sticker price. The goal of coming in with cash is to get as far as possible below the sticker price.

This is a really common misconception that buyers have. Just stop and think for a second - put yourself in the dealer's shoes - why do you think the dealer would want cash? No reason. They don't want your cash. A cash buyer is a pain. They want to sell you a loan. The last time I bought a car I offered cash, and they countered with a four-figure discount (on total cost of ownership) if I took part of it as a loan. I…

And if you had walked out the door they would have run after you to take the cash deal AND given you the discount. You think they prefer to deal with the time and uncertainty of putting you through a loan application, when they could pocket the same sale in cash? Nobody is coming out with less money on a loan purchase vs. cash, except the buyer.

Re: The global chip shortage is starting to have consequences

#355
post #269

Earlier quoted context omitted.

I feel like each year cars get way safer. It started with blind spot detectors/cameras, and modern cars will even brake automatically and keep you in your lane (or at least warn you if you leave it). Maybe new features like self-driving aren't as interesting, but I would buy a new car instead of a used one just for the perceived improved safety. I don't know if there's any research showing that these features actuall…

Many of these features add minimal benefit if you do some common-sense stuff such as, don't drive when you're really tired (or drunk, or on drugs, etc.); don't play with your phone while you're driving; don't read, do your makeup, shave, etc. while you're driving. IOW put your focus on the task at hand and you don't really need blind spot detectors. Of course the reality is that people are pretty bad at these things.

I found them invaluable, especially BSM saved me from a lot of near-crash situations. When dealing with fast deadly chunks of metal every % of reduced chance of death is a good investment in my book.

Re: The global chip shortage is starting to have consequences

#356
post #185

Earlier quoted context omitted.

Smaller trucks are available for those who want them. Most buyers prefer larger trucks.

Where are they? Look at these explicitly 'small trucks': https://www.motortrend.com/news/best-small-trucks/ What am I supposed to search for, small small trucks? Trucks that are actually small? Looking for cheap trucks still delivers large vehicles, just with fewer features: https://www.motortrend.com/news/cheapest-pickup-trucks-frill... I even searched 'smallest trucks' and...guess what. The Honda Ridgeline seems li…

> What am I supposed to search for SUV?

Re: The global chip shortage is starting to have consequences

#358

Earlier quoted context omitted.

This is a really common misconception that buyers have. Just stop and think for a second - put yourself in the dealer's shoes - why do you think the dealer would want cash? No reason. They don't want your cash. A cash buyer is a pain. They want to sell you a loan. The last time I bought a car I offered cash, and they countered with a four-figure discount (on total cost of ownership) if I took part of it as a loan. I…

And if you had walked out the door they would have run after you to take the cash deal AND given you the discount. You think they prefer to deal with the time and uncertainty of putting you through a loan application, when they could pocket the same sale in cash? Nobody is coming out with less money on a loan purchase vs. cash, except the buyer.

I think you're mistaken about how dealerships and car sales are structured, at least in places like the UK and the US. Maybe it's different where you are?

They get a proportion of the sale price, and they get paid a referral fee for you opening a loan, and then on top of that they can offer extras that you probably don't need like fabric protection products.

> Nobody is coming out with less money on a loan purchase vs. cash, except the buyer.

The dealer is paid to get you to get a loan. If they don't get the loan, they get less money. My understanding is that their referral fee is somewhat weak about how much the loan actually has to be, so they just care that you take it.

It's worth it to them to discount the price by less than their loan referral fee, in order to get the loan referral fee.

> And if you had walked out the door they would have run after you to take the cash deal AND given you the discount.

No they'd just have sold to someone willing to pay their price.

There's a car supply shortage... that's the whole point of the article... did you miss that? If you want to buy a new car at the moment and you go in haggling them on a mid to high end spec car they'll just tell you to fuck off and you won't get the car you want.

Re: The global chip shortage is starting to have consequences

#359

Interestingly, there is an embedded video in that article that explains the issue specific to the automotive shortage - it's because the automotive industry cancelled a lot of chip orders in anticipation of low vehicle demand and that caused chip makers to reduce their production for the kinds of chips that go into cars, and now it takes time to ramp back up: https://www.cnbc.com/video/2021/03/02/how-the-global-compu…

I think it is called bullwhip effect: The bullwhip effect is a distribution channel phenomenon in which demand forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

https://en.m.wikipedia.org/wiki/Bullwhip_effect

Re: The global chip shortage is starting to have consequences

#360
post #98

Interestingly, there is an embedded video in that article that explains the issue specific to the automotive shortage - it's because the automotive industry cancelled a lot of chip orders in anticipation of low vehicle demand and that caused chip makers to reduce their production for the kinds of chips that go into cars, and now it takes time to ramp back up: https://www.cnbc.com/video/2021/03/02/how-the-global-compu…

Since 14% of renters are behind on rent and evictions begin June 30, aren’t vehicle repossessions going to kick in July / August? Presumably, due in part to eviction protection, they have been able to divert all or a portion of their rent payments to keeping up with bad car loans for commute vehicles that often will not be needed. These folks need them for housing unfortunately. If repossessed cars start showing up t…

Looking forward to major US regions becoming market-based economies again.
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