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Ongoing chip shortage and urea solution crisis opens market for used and shared cars Updated: 2021-11-10 13:48:08 KST

The overlap of the prolonged global chip shortage that's stalled automobile production and a shortage of urea solution has led to an increase in demand for used or shared cars.
According to a manufacturing industry source, the chip shortage caused the waiting period for those in the market for a new vehicle to stretch beyond a year.
With the added urea shortage crisis, the industry is expecting these consumers to turn to car-sharing or buying older diesel vehicles that don't require urea solution.
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