Market Insights – Cox Automotive Inc.

New-Vehicle Inventory Rebounds in October for Most Brands 11/16/2022 New-vehicle inventory closed October at its highest level since May 2021, and prices stayed high, according to Cox Automotive’s analysis of vAuto Available Inventory data. Over the past three months, all but four major brands have seen an increase in inventory. The question is: Will demand keep up with supply? “The supply situation in the new vehicle market has significantly improved over recent months,” said Charlie… Read Article

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Are New-Vehicle Prices Falling? It Depends on Where You Look. 10/31/2022 The fall is one of the best times of the year for sports fans: the World Series, NFL and college football, and the beginning of the NBA basketball season. And fans can’t miss the steady stream of automotive commercials during every TV time-out. The one question on the minds of today’s new-car shoppers watching these auto ads is, “When will I be able to find a… Read Article

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New-Vehicle Inventory Closes September Up, Asking Prices Down 10/13/2022 Revised, Nov. 17, 2022 – New-vehicle inventory closed September at its highest level since early June 2021, and the average listing price for new vehicles fell to the lowest point in two months, according to Cox Automotive’s analysis of vAuto Available Inventory data. Still, supply remains well below historical norms, and prices are still far higher than in the past. 1.32M Total Inventoryas of Sept. 26,… Read Article

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New-Vehicle Inventory Closes August at Highest Level Since June 2021 09/15/2022 Revised, Oct. 14, 2022 – New-vehicle inventory closed August higher than it did a year ago, when the global computer chip shortage began hurting production, but supply remains low compared with pre-pandemic times, according to Cox Automotive’s analysis of vAuto Available Inventory data. After bumping around through the month, the average listing price closed August about where it was at the end of July. 1.23M Total… Read Article

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Still-Low New-Vehicle Inventory Closes July Higher Than Year-Ago Level 08/11/2022 Revised, Sept. 15, 2022 – New-vehicle inventory at the end of July was higher than it was a year ago, when the global computer chip shortage began hurting production, but supply remains low compared with pre-pandemic times, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.09M Total Inventoryas of July 25, 2022 37 Days' Supply $46,424 Average Listing Price The total U.S. supply of… Read Article

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New-Vehicle Inventory Holds Steady as Asking Prices Retreat at Month’s End 07/14/2022 The average listing price for new vehicles rose throughout June but began to retreat by the end of the month, while inventory held relatively steady, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.12M Total Inventoryas of July 25, 2022 38 Days' Supply $46,001 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.12 million units at the end… Read Article

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Gas Prices Played a Role in Still-Low New-Vehicle Inventory in May 06/16/2022 Revised, July 14, 2022 – New-vehicle inventory remained at the same level it has been for months, according to Cox Automotive’s analysis of vAuto Available Inventory data, despite comments from some automotive executives that the global computer chip shortage is easing, and vehicle production is resuming to normal levels. 1.13M Total Inventoryas of May 30, 2022 35 Days' Supply $45,504 Average Listing Price As gas prices… Read Article

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New-Vehicle Inventory Remains Stuck in Neutral in April 05/18/2022 Revised, June 16, 2022 – New-vehicle inventory barely budged in April due to continued supply chain disruptions, according to a Cox Automotive analysis of vAuto Available Inventory data. Inventory of imports and small, fuel-efficient models were among the lowest due to strong demand driven in part by rising gas prices. Prices in April rose as well, with the average new vehicle listing price climbing again above… Read Article

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Supply of Fuel-Efficient Models Falls on Higher Gas Prices 04/13/2022 Revised May 18, 2022 – The supply of fuel-efficient models, like hybrids, small crossovers and small-to-midsize cars, was the lowest of all segments in March as gas prices soared, according to a Cox Automotive analysis of vAuto Available Inventory data. At the same time, overall new-vehicle inventory edged slightly higher while prices slipped again, staying below $45,000. 1.10M Total Inventoryas of March 28, 2022 34 Days'… Read Article

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New-Vehicle Supply Edged Higher; Prices Dipped Again 03/16/2022 Revised, April 13, 2022 – New-vehicle inventory edged higher in the last two weeks of February, though days’ supply fell from January, according to a Cox Automotive analysis of vAuto Available Inventory data. Prices slipped again, staying below $45,000. 1.07M Total Inventoryas of Feb. 28, 2022 35 Days' Supply $44,661 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.07 million… Read Article

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