Slide 1 of 21: The car industry should be having a banner year. Demand for new cars has skyrocketed, due at least in part to pent-up demand because dealers were closed over portions of the nearly two years the COVID-19 pandemic has plagued the United States. Sales, however, have hit a wall — and the slowest-selling car of all is the Acura TLX. A shortage of semiconductors — needed to run the electronic and navigation systems of cars — has shuttered assembly lines at major manufacturers. Karl Brauer, an executive analyst for iSeeCars, an automobile search engine, commented that “Production halts and restricted inventory continue to beset the auto industry, but we did see an incremental improvement this past month.” One metric used by the industry is called “average days to sell.” This measures the time from when a car reaches a dealer from the manufacturer until that car is driven away by a customer. This figure normally runs…
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