Inventory-Related Content | Cox Automotive Inc.

Used-Vehicle Inventory Increases to Start November, Days’ Supply Drops With Strong Sales 11/14/2024 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of November were higher than in October but lower than in early November 2023. 2.17M Total UnsoldUsed Vehiclesas of Nov. 4, 2024 45 Days' Supply $25,499 Average Listing Price 70,326 Average Mileage As November opened, the total supply of used vehicles on dealer lots – franchised and independent – across… Read Article

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New-Vehicle Inventory Tops 3 Million for the First Time Since the Pandemic Even as Sales Gain Momentum 11/14/2024 The election is over and decisive. Consumer sentiment, according to Morning Consult, has improved for five straight months and is at the highest level in three and a half years. Indeed, October sales in the automotive industry saw an increase of 13% over the same time last year, and yet, new-vehicle inventory continues to rise. As the year winds down, we’re seeing some interesting trends in… Read Article

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Used-Vehicle Inventory Slightly Declines in October; Days’ Supply and Listing Prices Rise 10/18/2024 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of October were lower than in September. 2.15M Total UnsoldUsed Vehiclesas of Oct. 3, 2024 47 Days' Supply $25,361 Average Listing Price 71,918 Average Mileage As October opened, the total supply of used vehicles on dealer lots – franchised and independent – across the U.S. was at 2.15 million units,… Read Article

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With Steady Sales, New-Vehicle Inventory Begins to Look and Feel “Normal” 10/17/2024 This has been the year of automotive market “blips.” In just the last four months, we have seen an industry-wide disruption due to a cyber breach, two major hurricanes within two weeks of each other, and significant selling-day variations in the last two months. And let’s not forget business disruptions in both factories and the major ports of the East and Gulf coast, several key model… Read Article

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Used-Vehicle Inventory Increased Month Over Month, Despite Healthy Sales, Lower Listing Prices 09/20/2024 According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of September were higher than in August. 2.18M Total UnsoldUsed Vehiclesas of Sept. 5, 2024 42 Days' Supply $25,172 Average Listing Price 70,950 Average Mileage As September opened, the total supply of used vehicles on dealer lots – franchised and independent – across the U.S. was at 2.18 million units,… Read Article

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New-Vehicle Inventory Stabilizes as Sales Incentives Increase and Model Year 2025 Vehicles Arrive 09/19/2024 According to the most recent analysis of vAuto Live Market View data, sales volume and days’ supply average have stabilized following two months of reporting volatility. An industry-wide disruption caused by a cyber breach at a widely used dealer management system (DMS) supplier created fluctuations in reporting across Cox Automotive’s data sets. 2.84M Total Inventoryas of Sept. 5, 2024 77 Days' Supply $46,841 Average Listing Price… Read Article

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Notable Increase in Reported Sales Drives Used-Vehicle Inventory Lower in July 08/16/2024 The dealer management system (DMS) outage that disrupted sales and inventory reporting over the previous month continues to create volatility in our reporting. As of the end of June, the impacts ended up inflating days’ supply levels and lowering sales, and that is now unwinding and delivering a great deal of variability for those data series but in the other direction as we see the full… Read Article

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New-Vehicle Inventory Remains Stable, While Days’ Supply Reporting Is Bumpy Due to DMS Outage 08/15/2024 Revised, Sept. 19, 2024 – An industry-wide disruption in June, due to a cyber breach at a widely used dealer management system (DMS) supplier, has created volatility in reporting of sales and days’ supply across Cox Automotive’s data sets. This is revealed in a new-vehicle days’ supply of 70 at the start of August, representing a significant drop of 42% from last month’s report, according to… Read Article

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Used-Vehicle Inventory Decreased Month Over Month as Software Outage Slows Sales and Reporting 07/19/2024 Updated, Aug. 16, 2024 – According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July were lower than in June, as a widely used dealer management system (DMS) outage disrupted sales and inventory reporting. 2.21M Total UnsoldUsed Vehiclesas of July 8, 2024 55 Days' Supply $25,163 Average Listing Price 70,555 Average Mileage As July opened, the… Read Article

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Signs of Widespread Software Outage Revealed in June Inventory Data 07/18/2024 Updated, Aug. 8, 2024 – In June, a cyber breach at a widely used dealer management system (DMS) supplier heavily impacted the automotive industry. This disruption clearly slowed sales and reporting in the second half of the month, pushing the new-vehicle days’ supply at the start of July to 120 days, according to Cox Automotive’s analysis of vAuto Live Market View data. Days’ supply of 120… Read Article

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