Market Insights – Cox Automotive Inc.

New-Vehicle Inventory Volume Drops in August, Days’ Supply Stabilizes 09/15/2021 The total volume of new-vehicle inventory declined again in August, as automakers continue to struggle with production due to the computer chip shortage, according to a Cox Automotive analysis of vAuto Available Inventory data. The days’ supply has been holding steady over the past month. 1.08M Total Inventoryas of Aug. 23, 2021 31 Days' Supply $42,450 Average Listing Price The total U.S. supply of available unsold… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

New-Vehicle Inventories Low but Starting to Stabilize 08/11/2021 After slumping to historic lows a month ago, new-vehicle inventory, based on days of supply, showed signs of stabilizing as the U.S. industry entered August, according to a Cox Automotive analysis of vAuto Available Inventory data. Still, overall inventory remains far lower than normal while average listing prices keep climbing. 1.11M Total Inventoryas of end of July 30 Days' Supply $41,840 Average Listing Price Topline data… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

New-Vehicle Inventories Slumped to Record Low as July Opened 07/14/2021 Revised August 1, 2021 – The U.S. auto industry entered July with historically low inventories that triggered record-high prices, according to a Cox Automotive analysis of the vAuto Available Inventory data. 1.34M Total Inventoryas of June 21, 2021 29 Days' Supply $40,999 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.34 million vehicles as June closed. That was down from… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

New-Vehicle Inventories Continue to Drop, Reach Record Low In May 06/11/2021 The auto industry entered June with historically low inventories of unsold new vehicles due to continued strong sales and further production disruptions caused mostly by the global computer chip shortage, according to a Cox Automotive analysis of the vAuto Available Inventory data. 1.78 Total Inventory 35 Days' Supply $40,566 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.78 million units… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

Record April Sales Deplete May New-Vehicle Inventory 05/14/2021 Record April sales significantly depleted the inventory of new vehicles for the usually booming month of May, a situation exacerbated by production disruptions caused by the global computer chip shortage, according to a Cox Automotive analysis of the vAuto Available Inventory data. 2.24M Total Inventory 44 Days' Supply $39,633 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 2.24 million as… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

U.S. New-Vehicle Shoppers Expect Limited Choices, High Prices 05/11/2021 ATLANTA, May 11, 2021 – New consumer research conducted by Kelley Blue Book indicates consumers in-market for a new automobile are expecting to be greeted by limited choices and high prices. The research, which involved surveying consumers during the final full week of April, found that three out of four in-market shoppers—those likely to purchase within a year—are familiar with the global microchip shortage and its impact on… Read Article

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Eyes Wide Open: New Study Shows Car Shoppers Expect Higher Prices, Low Inventory 05/07/2021 You’ve likely seen with your own eyes the havoc being wreaked in the auto industry by the global microchip shortage. Drive through Dearborn, Michigan, home of Ford Motor Company and the company’s Dearborn Truck Plant, and it’s hard to miss: New Ford F-150 pickup trucks – the best-selling vehicle in America – are packed into previously vacant parking lots, built but not complete for the lack… Read Article

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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… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

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… Read Article

Inventory new-vehicle inventory days' supply Market Insights Data Point

Chip Shortage Still No Major Disruptor of Inventory 03/04/2021 Vehicle models affected by the global shortage of computer chips that forced automakers to trim production continue to have a healthy supply, with some exceptions, according to a Cox Automotive analysis of vAuto Available Inventory data. In the U.S., about 30 models are affected by the chip shortage based on AutoForecast Solutions’ analysis of plants that have experienced production cuts due to the shortage. It seems likely… Read Article

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