Update: saw the results of a recent study that says the new car chip shortage isn’t going away any time soon.
Here is the latest prediction in production shortfalls due to lack of chips:
2021: 10M
2022: 8M
2023: 4M
2024: 1M
Return to normal in 2025.
If that is true, they there will not be a cliff in car prices in 2022!