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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
Market Insights
Data Point
5 min read
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…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
5 min read
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…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
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6 min read
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…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
5 min read
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…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
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