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4 min read
New-Vehicle Inventory Falls Below 1 Million in September, Prices Hit All-Time High
10/14/2021
Revised Nov. 17, 2021 – New-vehicle supply fell in September to new lows – fewer than a million vehicles were available for sale – and the average listing price set another record, surpassing $43,000, according to a Cox Automotive analysis of vAuto Available Inventory data. 885,773 Total Inventoryas of Sept. 20, 2021 31 Days' Supply $43,425 Average Listing Price The total U.S. supply of available unsold…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
4 min read
New-Vehicle Inventory Volume Drops in August, Days’ Supply Stabilizes
09/15/2021
Revised Oct. 14, 2021 – The total volume of new-vehicle inventory declined again in August, as automakers continue to struggle with production due to the computer chip shortage, according to a Cox Automotive analysis of vAuto Available Inventory data. The days’ supply has been holding steady over the past month. 1.01M Total Inventoryas of Aug. 23, 2021 29 Days' Supply $42,392 Average Listing Price The total U.S. supply…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
5 min read
New-Vehicle Inventories Low but Starting to Stabilize
08/11/2021
After slumping to historic lows a month ago, new-vehicle inventory, based on days of supply, showed signs of stabilizing as the U.S. industry entered August, according to a Cox Automotive analysis of vAuto Available Inventory data. Still, overall inventory remains far lower than normal while average listing prices keep climbing. 1.11M Total Inventoryas of end of July 30 Days' Supply $41,840 Average Listing Price Topline data…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
4 min read
New-Vehicle Inventories Slumped to Record Low as July Opened
07/14/2021
Revised August 1, 2021 – The U.S. auto industry entered July with historically low inventories that triggered record-high prices, according to a Cox Automotive analysis of the vAuto Available Inventory data. 1.34M Total Inventoryas of June 21, 2021 29 Days' Supply $40,999 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.34 million vehicles as June closed. That was down from…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
5 min read
New-Vehicle Inventories Continue to Drop, Reach Record Low In May
06/11/2021
The auto industry entered June with historically low inventories of unsold new vehicles due to continued strong sales and further production disruptions caused mostly by the global computer chip shortage, according to a Cox Automotive analysis of the vAuto Available Inventory data. 1.78 Total Inventory 35 Days' Supply $40,566 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.78 million units…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
4 min read
Used-Vehicle Prices Open May at All-Time High
05/20/2021
Used-vehicle prices hit an all-time high at the opening of May, and supply stabilized though remained well below 2020 and 2019 levels, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.23M Total Unsold Used Vehiclesend of April 35 Days' Supply $22,568 Average Listing Price 68,063 Average Mileage The average listing price surpassed the $22,000 mark for the first time ever in April, closing…
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Inventory
used-car inventory
days' supply
Market Insights
Data Point
8 min read
Record April Sales Deplete May New-Vehicle Inventory
05/14/2021
Record April sales significantly depleted the inventory of new vehicles for the usually booming month of May, a situation exacerbated by production disruptions caused by the global computer chip shortage, according to a Cox Automotive analysis of the vAuto Available Inventory data. 2.24M Total Inventory 44 Days' Supply $39,633 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 2.24 million as…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
7 min read
New-Vehicle Inventory Evaporating on Strong Sales
04/14/2021
Robust March sales rapidly drew down new-vehicle inventory to the lowest levels in some time just as the spring selling season got rolling, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.66M Total Inventory 59 Days' Supply $39,717 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 2.66 million as March drew to a close, down from 2.82…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
4 min read
New-Vehicle Inventory and Prices Climb in February
03/11/2021
New-vehicle inventory climbed through February due to slower sales caused by winter storms, but it remains lower than year-ago levels as prices keep rising, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.82M Total Inventory 78 Days' Supply $40,178 Average List Price The total U.S. supply of available unsold new vehicles stood at 2.82 million as February closed. It was the highest inventory…
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Inventory
new-vehicle inventory
days' supply
Market Insights
Data Point
4 min read
Chip Shortage Still No Major Disruptor of Inventory
03/04/2021
Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data. In the U.S., about 30 models are affected by the chip shortage based on AutoForecast Solutions’ analysis of plants that have experienced production cuts due to the shortage. It seems likely…
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new-vehicle inventory
days' supply
computer chip shortage
Market Insights
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