[olyjohn]

Why sell 20 $20k cars that make $2k in profit each ($40k profit), when you can sell one $80k car that makes $40k in profit? That's the reason they're all ditching budget cars. The thing is that the budget cars aren't actually gone, they've put 2 inches of lift on them, jacked up the price, and then called them crossovers.

[prng2021]

Yep, plus the shift to selling lower volume but higher profit products is accelerated when you have supply chain constraints preventing you from pumping out units in high volume.

[Schiendelman]

Once the supply chain restrictions ease, you’ll probably see the car manufactures start to realize that they make more money if they get 2000 in profit on a $20,000 car then if their competitor gets that profit.