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January 14, 2022

Honda exec: High auto prices may drop a bit

AP Auto Writer

DETROIT — Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it's starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year's numbers.

The company expects U.S. new vehicle prices to ease a bit from the record of more than $46,000 in December as automakers increase production, but Executive Vice President of National Operations Dave Gardner said prices won't fall to where they were before the pandemic.

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