Article Highlights

1. ECONOMIC INDICATORS: As economy continues to grow and unemployment remains low, consumers will keep buying vehicles but will shift to lower price points and more used vehicles.
2. DEMAND: September new vehicle sales volume jumped 6% YOY and used vehicle volume increased 8% YOY fueled by hurricane-generated replacement demand.
3. SUPPLY: The days’ supply for August was 63, down 1 day YOY and down 6 days from August.