The company expects U.S. new vehicle prices to ease a bit from the record of more than $46,000 in December as automakers increase production, but Executive Vice President of National Operations Dave Gardner said prices won’t fall to where they were before the pandemic.
A shortage of new vehicles brought on by the global chip shortage has forced Honda and other automakers to cut factory production at a time when demand is strong. That has crimped the supply of new vehicles, in some cases driving prices higher than the window sticker.
This story is from the 15, January 2022 edition of Techlife News.
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This story is from the 15, January 2022 edition of Techlife News.
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