Taiwan has been having a drought. They need large amounts of water to manufacture semiconductors. Fires at factories in Japan, where a lot of the automobile chips are also made, have also knocked out the supply. You also have the idiot governor in CA holding everything up still.Sorry, I thought they were still letting folks without accounts read a few articles each month. Basically, the chip shortage plus other pandemic-related supply chain disruptions is making it hard for manufacturers to finish vehicles. Ford and GM have vehicles just sitting in fields waiting for a few parts before they can ship out. Rental car companies sold a bunch of their vehicles during the pandemic, but now they need to buy cars to meet rising demand. Many consumers saved during the peak of the pandemic and are now flush with cash which is also driving up demand. Most vehicles are sold before they hit dealer lots. Many are paying higher than list as a result of limited supply. Industry execs say that the last time supply and demand were so out of sync was just after WWII.
The biggest issue is that auto manufacturers anticipated they wouldn't be selling cars, so they canceled or reduced orders. Those chips then were allocated to other companies that correctly predicted the need for them while people sat at home hoarding money. They don't get to jump to the front of the line without paying more, and they won't do it

