NFI Group Inc T.NFI

Mercedes, Subaru, Toyota, Kia etc....

[Freezerburn]

...all dealing with chip shortages resulting in delivery delays. All of them must be idiots... Right?

[WizardFuture]

True. Transit companies in Canada plan to buy more hybrid and electric buses. Business is booming. As I see it with the last bids everyone is increasing their prices. Margins will be very good in 2023 and 2024 if they can get their microchips. If I were NFI and the competitors, I would increase the prices even more, it's not like they're making money in this stupid environment.

[Freezerburn]

Lion Electric is increasing prices and they're just getting started. They can't get chips and are missing delivery targets. Bunch of idiots.

[jollynik6]

they are not alone GM  Ford Kia  all have the same problems  I ordered a new Gm truck 3 months ago ,have been told I might recieve it in the fall,The crazy part is they will give me the same price that I paid for my 2021 chev  with 41000 kl on it ,took back a 2020 honda civic on lease with 2 more years to go  last fall they wanted 2600.00  to terminate the lease ,2

[Freezerburn]

I ordered an EV in January. There's still no delivery date or pricing and there are only 1-2 available per dealership.

[Freezerburn]

It's not just chips, batteries are in short supply as well.