@Forrester
In which market are you talking about?
I know in Australia, like most things in such a large country, it is very regional.
In other words, in the lower socio-economic areas, new car sales have almost stopped, while in what I would loosely call "middle Australia", (which constitutes around 2/3 of the population), the biggest problem is still supply.
EG, the Ford Ranger Raptor, a 400 HP twin turbo Petrol V6, if you want specific color / options, is out over 18 months.
There are some Toyota models with deliveries between 18 months and
three years!!
Who orders a new car on a three-year delivery???
Well, a lot of middle-class Australians, it would seem.