2023 GM Cadillac Lyriq start of production
Carmakers are racing to counteract their inventory buildup in order to keep profits flowing.
  • Throughout the height of COVID, carmakers got used to getting high prices.
  • Now, that's not as much the case as shoppers become more price-sensitive.
  • But some carmakers might limit their inventory to keep supply down and prices up.

Car companies have a new way of keeping prices up: limiting options on the dealer lot.

Since recovering from COVID-related plant shutdowns and an extended shortage of chips required for today's tech-laden cars, companies like Ford, General Motors, and Stellantis have finally seen more cars head to dealer lots.