Inventory-Related Content | Cox Automotive Inc.

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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New-Vehicle Inventory, Prices Stabilize; EV Supply Grows 07/13/2023 Updated, Aug. 10, 2023 – New-vehicle inventory and prices continued to stabilize in June while electric vehicle inventory climbed, closing the month with twice the days’ supply as new vehicles in total, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.98M Total Inventoryas of July 3, 2023 56 Days' Supply $47,162 Average Listing Price The total U.S. supply of available unsold new vehicles stood… Read Article

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Used-Vehicle Inventory Increases, Prices Rise Above $27,000 in May but Remain Down Year Over Year 06/16/2023 Revised, July 14, 2023 – The inventory and days of supply of used vehicles edged higher at the end of May from April, and the average listing price climbed past the $27,000 mark, according to the Cox Automotive analysis of vAuto Available Inventory data. 2.20M Total UnsoldUsed Vehiclesas of May 29, 2023 49 Days' Supply $27,270 Average Listing Price 70,223 Average Mileage The total supply of… Read Article

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New-Vehicle Inventory Hits Two-Year High in May, Average Listing Price Dips 06/15/2023 Revised, July 13, 2023 – New-vehicle inventory in May reached its highest level in two years, according to Cox Automotive’s analysis of vAuto Available Inventory data, with a notable increase from the previous month. Days of supply increased due to a slight weakening in sales toward month-end. Despite a decline in the average listing price, it remained above $47,000. 1.96M Total Inventoryas of May 29, 2023… Read Article

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Used-Vehicle Inventory, Prices Rise in April on Softening Sales 05/12/2023 The inventory of used vehicles edged higher at the end of April compared to March as the spring selling came to a close and sales slowed. However, supply remains below year-ago levels, according to the Cox Automotive analysis of vAuto Available Inventory data, and days of supply have slipped. Meanwhile, the average listing price climbed to nearly $27,000. 2.11M Total UnsoldUsed Vehiclesas of April 24, 2023… Read Article

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New-Vehicle Inventory Increases Again in April, Supporting Stronger Sales 05/11/2023 Updated, June 15, 2023 – New-vehicle inventory closed April up from a month earlier to its highest level in two years, supporting surprisingly brisk sales, according to Cox Automotive’s analysis of vAuto Available Inventory data. Meanwhile, days of supply dipped on higher sales. The average listing price of a new vehicle returned to above $47,000 in April. 1.90M Total Inventoryas of April 24, 2023 54 Days'… Read Article

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