Car sales around the world seem to have mostly recovered to pre-pandemic levels this year despite the effect of the COVID-19 pandemic and semiconductor shortage on the automaking industry. Statista reports that global car sales went up by as much as 7.6 million units since 2020, when car sales sat at 63.8 million units due to the economic impact the COVID-19 pandemic had at the time. In comparison, global car sales in 2019 were at around 74 million units. This increase in car

Customers who wish to buy or are in line to buy a car from Japanese automobile manufacturers in the next few months may have to wait longer than expected. Akio Toyoda, head of Japan's Automobile Manufacturers Association and Toyota Motor Corp., recently reported a decrease in car production in October 2021 due to shortages of car parts and components caused by the effects of the COVID-19 pandemic on the car industry. Because of the growing number of COVID-19 cases worldwide,