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Car dealers in Singapore brace themselves for a bumpy ride amid chip crunch
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Mr Fed Wu, who runs Allmotoring, is bracing himself for further delays in the delivery of more than 10 new cars he ordered in March.
ST PHOTO: SYAMIL SAPARI
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SINGAPORE - It has been the best of times and the worst of times for local car dealers as demand accelerates, but a lack of vehicles worldwide has meant sales are stuck in the slow lane.
The prolonged shortage of computer chips has forced carmakers to slash production, which has in turn hit sales and left frustrated motorists wondering when their shiny new ride will appear.
