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6 min read
New-Vehicle Inventory, Especially Luxury, in Freefall 09/10/2020 The supply of new vehicles is in freefall as the inventory of unsold new vehicles fell again in August with luxury inventory plummeting, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold new vehicles stood at 2.26 million units as of Aug. 31, down from 2.33 million at the end of July and down from 3.13 million at… Read Article
Inventory new-vehicle inventory Market Insights Data Point
5 min read
New-Vehicle Inventory Slumps Even Lower 08/13/2020 The supply of new vehicles is falling well below demand as the inventory of unsold new vehicles fell again, closing July even lower than June, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold new vehicles stood at 2.33 million units at the end of July, down from 2.55 million units at the end of June and down… Read Article
Inventory new-vehicle inventory Market Insights Data Point