Quote:
Originally Posted by IcewaterPete
Quote:
Originally Posted by Luminor513
This just proves there is no "shortage" of cars. Simply dealers realizing this new way to sell cars yields significantly higher profit margins.
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You missed a step. All the people who wanted/needed a car in 2020 once supply dried up are also chasing product that 2021 buyers need/want. That’s where the shortage comes in. |
There is always a shortage as long as demand is one more than supply. What the manufactures have been able to do well is to drum up demand with the chip shortage messaging (including selectively removing features and increasing profit margin).
I bet if you did a survey, most people would likely believe that car production was down due to the chip shortage, not up!
Great time to be in the auto or chip industry.