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Car prices expected to remain elevated in 2022, prolonging buyer pain

Attendees walk through the Kia exhibition booth during opening day of the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Friday, April 15, 2022. (Bloomberg) — Attendees walk through the Kia exhibition booth during opening day of the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Friday, April 15, 2022. **(Bloomberg)**

4 min read . Updated: 17 Apr 2022, 06:09 PM IST MIKE COLIAS, The Wall Street Journal

Executives attending New York International Auto Show say inventory constraints will continue to affect availability of new and used vehicles

Consumers looking for some pricing relief on the dealership lot are going to have to wait, with the car shortage likely to last through the year and into next, auto-industry leaders predicted.

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Car prices expected to remain elevated in 2022, prolonging buyer pain

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