Strained dealer inventories tightening as chip shortage lingers

Production of vehicles such as, from top, the Honda Ridgeline, GMC Sierra, Acura MDX and Ford F-150 has been disrupted by supply chain issues. (AUTOMOTIVE NEWS ILLUSTRATION)

April 04, 2021 04:00 AM

An unexpected silver lining to the yearlong coronavirus crisis has been record profits for auto dealers, as consumer demand for heavily optioned crossovers and pickups keeps transaction prices and gross profits high.

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