• Legacy automakers like Ford and General Motors have been forced to cut production of vehicles due to the semiconductor chip shortage this year
• Ernie Garcia, the CEO of Carvana has said that the high used car prices will not start to fall until automakers can get production back to normal levels
• In the second quarterof 2021, that average transaction price for a used car was $25,410 which is a 21% year-over-year increase

Employees at Frontier Airlines will now be required to get vaccinated or take regular tests

• Along with United Airlines’ announcement vaccination mandates for their U.S. staff, Frontier Airlines have said their workers will have until October 1 to show proof of vaccination or regularly test negative
• Due to the rapid increase of delta variant Covid cases, Frontier Airlines has decided to issue this new mandate

The post Business News – 08-07-2021 appeared first on Easy Ad - Local Small Business Resources.