Originally Posted By: Cutehumor
just another lame excuse to raise prices on cars. when economy cars are 20k, something wrong here.
Remeber that a seller's pricing power depends upon buyers' willingness to pay.
OTOH, a worldwide new car shortage would give all new car sellers enhanced pricing power, since the reduced supply would end up being sold to those who would be willing to pay more, while those not willing to do so will stay out of the market.
In the longer term, Japanese suppliers may find themselves replaced by suppliers based in other Asian locations, as well as Canada and Mexico.