Free Republic

The supply of cars for sale is likely to be restricted later this year as a result of the global shortage of semiconductor chips, a leading motor dealership has warned. Pendragon, which trades under brands including Evans Halshaw and Stratstone, is the latest to highlight how the shortage could soon filter through to consumer-facing businesses. It adds to similar warnings from rivals Inchcape and Vertu Motors. In a trading update - in which it highlighted strong sales in May and June - Pendragon said that "the extent of the impact of the well-publicised semi-conductor chip shortage is not yet clear"....