Inventory-Related Content | Cox Automotive Inc.

Used-Vehicle Inventory Remains Limited to Start November 11/10/2023 Used-vehicle inventory volume at the start of November was slightly higher than in early October but days’ supply remained flat, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.30M Total UnsoldUsed Vehiclesas of Nov. 6, 2023 49 Days' Supply $26,533 Average Listing Price 69,971 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. – franchised and… Read Article

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New-Vehicle Inventory Rose Through October Despite UAW Strike 11/09/2023 Despite UAW strikes at several plants throughout the month, new-vehicle inventory at the start of November was even higher than in early October, according to Cox Automotive’s analysis of vAuto Available Inventory data. The UAW and Detroit automakers have reached tentative contracts and settled the strike. Workers are back on the job as they vote on new contracts. 2.40M Total Inventoryas of Nov. 6, 2023 67… Read Article

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The Power of Data in an Evolving Automotive Market 10/31/2023 As we navigate the fourth quarter, risks remain across the auto industry caused by the fallout from the United Auto Workers strike, a possible economic slowdown, and political uncertainty that’s putting downward pressure on consumer sentiment. In times like these, following the data is even more important—for us and our clients. If you’ve followed the insights Jonathan Smoke and his team share each month, you’ve likely… Read Article

Inventory Market Insights Commentary & Voices

Used-Vehicle Inventory Remains Tight to Start October 10/06/2023 Updated, Nov. 10, 2023 – Used-vehicle inventory volume and days’ supply are tighter year over year at the start of October, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.26M Total UnsoldUsed Vehiclesas of Oct. 2, 2023 49 Days' Supply $26,752 Average Listing Price 69,456 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. – franchised… Read Article

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New-Vehicle Inventory Rises Despite UAW Strike; GM Most Vulnerable 10/05/2023 Updated, Nov. 10, 2023 – Despite a UAW strike against Detroit’s three automakers and brisk sales, October opened with the highest new-vehicle inventory since early spring 2021, according to Cox Automotive’s analysis of vAuto Available Inventory data. But the strike has left GM with 60 days’ supply at the start of October and the most vulnerable with short supplies of big profit-generating Chevrolet and Cadillac models.… Read Article

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Used-Vehicle Supply Drops on Strong Sales 09/08/2023 Used-vehicle inventory declined throughout August on stronger sales, according to the Cox Automotive analysis of vAuto Available Inventory data. The total supply of unsold used vehicles on dealer lots – franchised and independent – across the U.S. stood at 2.25 million units at the beginning of September, down less than 7,500 units from the supply at the end of July. Still, inventory was down 9%, or… Read Article

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New-Vehicle Inventory Grows Ahead of Potential UAW Strike 09/07/2023 New-vehicle inventory, especially for most domestic brands, grew through August ahead of a potential strike by the UAW. The union’s contract with GM, Ford and Stellantis expires on Sept. 14. 2.06M Total Inventoryas of Sept. 4, 2023 58 Days' Supply $47,417 Average Listing Price Throughout August, the total U.S. supply of available unsold new vehicles climbed above 2 million units, a level not seen since April… Read Article

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Used-Vehicle Inventory Hits High Point for the Year, As Sales Edge Higher on Lower Prices 08/11/2023 Used-vehicle inventory in July hit a new high for the year, according to the Cox Automotive analysis of vAuto Available Inventory data. And while volume reached a year-to-date high, the used-vehicle market saw prices and days’ supply decrease as sales rose for the second consecutive month. 2.25M Total UnsoldUsed Vehiclesas of July 31, 2023 45 Days' Supply $27,028 Average Listing Price 69,950 Average Mileage The total… Read Article

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New-Vehicle Inventory Down Slightly in July, While Production and Sales Remain Generally Balanced 08/10/2023 New-vehicle inventory at the end of July was mostly unchanged from the end of June, as production and sales remained generally balanced through the month, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.96M Total Inventoryas of July 31, 2023 56 Days' Supply $47,048 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.96 million units at the end… Read Article

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Used-Vehicle Inventory, Prices Hold Steady as Sales Edge Higher 07/14/2023 The used-vehicle market has shed the volatility seen during the pandemic and chip shortage, with inventory and prices holding rather steady, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.22M Total UnsoldUsed Vehiclesas of June 26, 2023 47 Days' Supply $27,147 Average Listing Price 71,431 Average Mileage The total supply of unsold used vehicles on dealer lots – franchised and independent – across… Read Article

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