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The issue is that supply is greatly exceeding demand. It also isn't constrained to Vehicles. Apple's Q2 guidance has said that iPads and Macs supplies have been
by zitterbewegung 5y ago
The issue is that supply is greatly exceeding demand. It also isn't constrained to Vehicles. Apple's Q2 guidance has said that iPads and Macs supplies have been constrained. [1]. Also, if you get reposessed cars that doesn't mean you will be able to resell them. Sure the automakers made a mistake in their orders for chips but since everyone is now trying to get foundries making chips and we are still having logistic problems with Air and Ocean freight no one really knows the answer to your question. [2]
[1] https://www.bloomberg.com/news/articles/2021-04-29/apple-finally-feels-the-global-semiconductor-shortage?sref=wLyKPDtZ https://www.bloomberg.com/news/articles/2021-04-29/apple-fin...
[2] https://unctad.org/news/shipping-during-covid-19-why-container-freight-rates-have-surged https://unctad.org/news/shipping-during-covid-19-why-contain...