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They have been suffering ever since the 2008 financial crisis.

They have stuffed the dealerships full of inventory that they didn't want or need. Now they have massive lots full of vehicles they say don't have chips.

But that would normally result in the dealerships having depleted inventory. Are we able to see this shortage or are the dealers lots still packed full of cars and trucks?

What are you guys seeing at your local dealerships? Full or empty?!

It seems like the price of used cars is extremely high right now. Like people are buying used rather than new.

This looks like a coverup of the collapse of their sales imho. What say you guys?

They have been suffering ever since the 2008 financial crisis. They have stuffed the dealerships full of inventory that they didn't want or need. Now they have massive lots full of vehicles they say don't have chips. But that would normally result in the dealerships having depleted inventory. Are we able to see this shortage or are the dealers lots still packed full of cars and trucks? What are you guys seeing at your local dealerships? Full or empty?! It seems like the price of used cars is extremely high right now. Like people are buying used rather than new. This looks like a coverup of the collapse of their sales imho. What say you guys?

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[–] • 1 pt

I provide services for a dealership and have spent significant time discussing this issue with the folks there. They do, indeed, have a shortage. They are not giving any deals on cars and are trying to squeeze as much profit as they can from every sale because of limited inventory. They are in the shit, and losing tons of money, but the govt bailout gave them a few million to keep going. There are lots of thousands of cars that are just about complete but are sitting in lots waiting for chips.