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Micro-chip shortage creates dearth of new cars and skyrocketing used-car prices

Detroit Diego Rivera Artwork
Diego Rivera
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Diego Rivera's 1932 depiction of Detroit automobile production

Correspondent Tom Wilmer visits with Mark Descamps, general manager at Smith Volvo in downtown San Luis Obispo. California. Descamps explains the ramifications of the micro-chip manufacturing shortage that has led to a thirty percent spike in new and used cars prices.

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Tom Wilmer produces on-air content for Issues & Ideas airing over KCBX and is producer and host of the six-time Lowell Thomas award-winning NPR podcast Journeys of Discovery with Tom Wilmer. Recorded live on-location across America and around the world, the podcasts feature the arts, culture, music, nature, history, science, wine & spirits, brewpubs, and the culinary arts--everything from baseball to exploring South Pacific atolls to interviewing the real Santa Claus in the Arctic.