So that's what they are doing with all these vehicles that cannot be sold yet! Interestingly (and I bet because of media coverage like the above), Ford had plans in July to send unfinished F150's to its dealers on an opt-in basis, and let them blend in like waldo on their lots...
As a whole, the auto industry-standard Seasonally Adjusted Annual Rate (SAAR) of sales, plummeted to 15.865 million from 17.832 million SAAR in June 2019.
U.S. Bureau of Economic Analysis, Total Vehicle Sales [TOTALSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TOTALSA, August 4, 2021.
Additionally, available inventories continue to drop!
1.0=~30 days inventory (2.0 or 60 days considered healthy...), JUNE: .804!
Is this the beginning of the car bubble beginning to seize up? Will consumers be willing to continue to pay crazy high prices for few options as inventories continue to dwindle?