Microchip manufacturers say it may be a year or two before supplies can start to meet growing demand. That means the shortage of rental cars won’t ease until 2022 or later, experts say. hugomartin reports:
On a trip to visit Disneyland with his children, John Jimenez of San Jose reserved a compact car from Dollar Rent a Car at Los Angeles International Airport. What he got when he landed was a headache.
A global microchip shortage that has cut production of new cars continues to deal a heavy blow to car rental companies, but most of the pain is being felt by travelers such as Jimenez who find themselves waiting in long lines, paying nearly double the rates of earlier this year, getting denied the vehicle they reserved or ending up driving away in a car with lots of extra wear and tear.
Challenges filling open jobs have exacerbated the situation, making it difficult for rental companies to staff the rental counters and hire workers to move cars from low-demand locations to high-demand outlets, industry insiders say.
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