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3 min read
Signs of Widespread Software Outage Revealed in June Inventory Data
07/18/2024
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 116 days, according to Cox Automotive’s analysis of vAuto Live Market View data. Days’ supply of 116 is extremely abnormal and one…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
4 min read
New-Vehicle Inventory Increases as 2025 Model Years Begin to Arrive; Automakers Take Notice
06/13/2024
After starting slow, May new-vehicle sales picked up toward the end of the month as expected with the Memorial Day holiday, one of the larger selling holidays for the automotive market. Spurred in part by higher sales, new-vehicle days’ supply declined four days at the start of June to 74 days, according to an analysis of Cox Automotive’s vAuto Live Market View data. 2.89M Total Inventoryas…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
3 min read
Days’ Supply Increases Month over Month at Start of May, as More Brands See Higher Inventory Levels
05/16/2024
Despite generally healthy sales in April, brands with 100+ average days’ supply pulled the average days’ supply up two days at the start of May to 76 days, according to Cox Automotive’s analysis of vAuto Live Market View data. One month ago, at the start of April, days’ supply stood at 74. 2.84M Total Inventoryas of May 2, 2024 76 Days' Supply $47,433 Average Listing Price…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
2 min read
New-Vehicle Inventory Increases While Steady Sales Pull Down Days’ Supply
04/18/2024
April opened with 72 days of new-vehicle supply across the industry, down seven days from the start of March, as higher volumes in recent weeks helped to keep inventory in check. According to Cox Automotive’s analysis of vAuto Live Market View, the total U.S. supply of available unsold new vehicles opened April at 2.77 million units. That is 870,000 units – or 46% – above a…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
3 min read
Brisk February Sales Drew Down New-Vehicle Inventory
03/14/2024
March opened with 76 days of supply across the industry, as brisk February sales drew down new-vehicle inventory as measured in days' supply, according to Cox Automotive’s analysis of vAuto Live Market View data. 2.74M Total Inventoryas of March 4, 2024 76 Days' Supply $47,285 Average Listing Price The total U.S. supply of available unsold new vehicles opened March at 2.74 million units. That is 942,000…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
3 min read
New-Vehicle Inventory Hits 80 Days of Supply
02/15/2024
February opened with 80 days of new-vehicle supply across the industry, the highest since June 2020, according to Cox Automotive’s analysis of vAuto Available Inventory data. 2.61M Total Inventoryas of Feb. 2, 2024 80 Days' Supply $47,142 Average Listing Price At the start of February, the total U.S. supply of available unsold new vehicles was 2.61 million units. That is 870,000 units – or 50% –…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
4 min read
New-Vehicle Inventory Remains in Check to Start 2024
01/18/2024
Strong December sales pulled down the new-vehicle inventory measure of days' supply for the start of 2024, according to Cox Automotive’s analysis of vAuto Available Inventory data. While the sheer volume of new vehicles in inventory was higher at the end of December than at the start, the days of supply, which is based on a daily sales rate, fell from 73 to 70. 2.66M Total…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
4 min read
New-Vehicle Inventory Surpasses 2.5 Million Units, 71 Days’ Supply
12/14/2023
December opened with new-vehicle inventory at the highest level since early spring of 2021, according to Cox Automotive’s analysis of vAuto Available Inventory data. Supply surpassed 2.5 million units and 71 days’ supply for the first time in two years. 2.56M Total Inventoryas of Dec. 6, 2023 71 Days' Supply $47,456 Average Listing Price Mounting inventory and slowing sales have prompted some automakers to cut production…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
5 min read
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…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
6 min read
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.…
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Inventory
new-vehicle inventory
new-vehicle prices
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