The Microchip shortage is just one major obstacle that has been plaguing the auto industry over the past few years. Though we’ve seen ups and downs and innovative solutions to bypass the issue, it remains, and it looks like it may continue to do so until late 2023, according to Stellantis CEO Carlos Tavares. Auto Industry Microchip Shortage (Slowly) AlleviatingAccording to Bloomberg, Carlos Tavares expects the situation to loosen after that, partly because the consumer electronics market is declining. Additionally, the tens of billions of euros invested in Europe and the US to foster local mic…