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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
3 min read
Used-Vehicle Inventory Tightens as Sales Pace Quickens
03/17/2021
Used-vehicle inventory fell from January to February just as the spring selling season got off to an early start, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.59M Total Unsold Used Vehicles end of February 48 Days' Supply $21,627 Average Listing Price The total supply of unsold used vehicles totaled 2.59 million at the end of February, down from 2.66 million vehicles at…
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Inventory
used-vehicle inventory
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
Used-Vehicle Supply Dips as Sales Pace Quickens
02/18/2021
Used-vehicle inventory and prices slipped a bit in January as the sales pace for the month quickened, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.66M Total Unsold Used Vehicles end of January 48 Days' Supply $21,572 Average Listing Price 66,545 Average Miles The total U.S. supply of unsold used vehicles closed January at 2.66 million vehicles, down from 2.68 million at the…
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Inventory
used-vehicle inventory
Market Insights
Data Point
6 min read
New-Vehicle Inventory Rises through January; Average List Price Retreats
02/11/2021
New-vehicle inventory edged higher throughout January but remains far lower than a year ago, while the average list price retreated from its early January peak, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.79M Total Inventory 66 Days' Supply $40,474 Average List Price The total U.S. supply of available unsold new vehicles stood at 2.79 million vehicles as January closed. That compares with…
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Inventory
new-vehicle inventory
Market Insights
Data Point
2 min read
Lower Incentives, Higher Sales: The U.S. Auto Industry Carries Momentum Into 2021
02/01/2021
January U.S. auto sales will be confirmed by many automakers on Tuesday, and the Cox Automotive Industry Insights team is forecasting healthy numbers. Our forecast, shared last week, calls for volume of approximately 1.1 million vehicles, down from a year ago, but moving at a good pace similar to last month. The January seasonally adjusted annual rate (SAAR) is expected to be near 16.3 million, a sales pace that places the industry on course…
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Inventory
new-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Supply Rises, Prices Reach All-Time High
01/21/2021
Used-vehicle inventory and prices climbed throughout December, with the average list price smashing another record, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.68M Total Unsold Used Vehicles as of Dec. 1 55 Days' Supply $22,087 Average Listing Price 66,387 Average Miles The total U.S. supply of unsold used vehicles closed December 2020 at 2.68 million vehicles, up from 2.61 million at the…
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Inventory
used-vehicle inventory
Market Insights
Data Point
5 min read
New-Vehicle Inventory Stabilizes While Average Listing Price Soars Past $40,000
01/14/2021
New-vehicle inventory held steady heading into the new year, while the average listing price soared past the $40,000 mark throughout December, according to a Cox Automotive analysis of vAuto Available Inventory data. 3M Total Inventory 70 Days' Supply $40,684 Average List Price The total U.S. supply of available unsold new vehicles stood at 3 million vehicles in December, marking the first time that supply hit 3…
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Inventory
new-vehicle inventory
Market Insights
Data Point
3 min read
Used-Vehicle Supply Stabilizes; Prices Rise
12/17/2020
Used-vehicle inventory has held steady in recent weeks, while the average used-vehicle list price keeps climbing, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.61M Total Unsold Used Vehicles as of Dec. 1 51 Days' Supply $21,724 Average Listing Price 66,284 Average Miles The total U.S. supply of unsold used vehicles opened the month of December at 2.61 million vehicles, up from 2.56…
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Inventory
used-vehicle inventory
Market Insights
Data Point
5 min read
Inventory Builds as Sales Slow, but List Prices Keep Climbing
12/09/2020
With factories back to nearly full production and sales slowing, new-vehicle inventory climbed during November though it remains below normal, according to a Cox Automotive analysis of vAuto Available Inventory data. List prices also rose. 2.87M Total Inventory 75 Days' Supply $39,953 Average List Price The total U.S. supply of available unsold new vehicles stood at 2.87 million as December opened. That is up from 2.67…
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Inventory
new-vehicle inventory
Market Insights
Data Point
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