Anyone who is telling you when it will end, doesn’t know (it’s wayyy to early to SWAG). Good that you want to verify what’s being told.
There is an entire thread on shortages:
TL;DR it’s nuanced: it depends on manufacturer, where they build it, and what components are in short supply. For instance, if you can live without a couple options, BMW is still building in the US and Germany.
If you are looking at a Japanese car built in Japan, forget about it. Their entire capacity to make semis burned down. They’re shopping the open market which has no capacity.
But please, everyone: if you hear a quote from the CEO of Intel about chip shortages, ignore it. The only Intel chip in your car might be a cellular radio (a business they sold to Apple) or a microcontroller. Intel’s roadmap was 5 years late (after decades of being spot-on) before their best and brightest went down in the Indian ocean. That’s like asking Kodak opinion about digital photography.
So @manku if you are looking at a particular car or manufacturer, you can dig a little to truly understand the amount of inventory on the ground, and whether they are making it all the way through manufacturing (unlike, say, 30k F150s). In many cases not because of just chips, but rubber/foam/etc.
The people at the dealership, likely have no clue what’s actually going on.