Oh, I don't know about less
Oh, I don't know about less supply in the worldwide markets. I suspect it had more to do with the drop in sales/manufacturing due to lockdowns. Each quarter has it's manufacturing targets based on deliveries. 2020 numbers dropped off as less people showed up at dealerships during the April to June sales period. Typically the strongest sales season for cars. That unsold inventory would have indicated to manufacturers to reduce production for the latter portion of the year. The supply was there, just less sold during the first 6 months. How to explain 2021's robust sales? People are more eager to purchase after a year of holding off big ticket purchases. Real estate sales are up by 52% right now in my neck of the woods,