cautioned investors not to expect extremely high auto prices beyond the end of this year as newvehicle supplies recover the pandemic and chip shortage have made rental cars scarcer too driving up prices dramatically and causing long waits as people start traveling again rental companies have had trouble getting new cars because auto companies have diverted vehicles away from fleet buyers to more profitable sales to consumers higher demand has sent some rental companies to the used car market to find vehicles whenever the car shortage ends gm ford and others say they will change business models away from having huge stocks gm has considered regional distribution centers that could send vehicles to dealers in a matter of days fords ceo jim farley has talked of quickly delivering on factory orders both companies hope to reduce the interest paid on high inventories and keep discounts low i do think we are on the verge of possibly a different kind of paradigm for how vehicles are distributed krebs said still competition could thwart those plans once factories return to normal production bazzy normally stocks 400500 pickup trucks at his three ford dealers but is down to around 100 hes confident that he can keep customers happy if they order a truck and can get it in four weeks but he fears losing business to competing brands with a huge stock if the guy across the street from me has 300 trucks and my guy has to wait four weeks bazzy said im going to lose him ap published on may 13 2021 at 0109 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app auto chip shortage customer demand car pric hike vehicle sales price new vehicle homenewsas chip shortage goes on cars are scarce and prices are up