News – Cox Automotive Inc.

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… Read Article

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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.… Read Article

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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… Read Article

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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… Read Article

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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… Read Article

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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… Read Article

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New-Vehicle Inventory Increases Again in April, Supporting Stronger Sales 05/11/2023 Updated, June 15, 2023 – New-vehicle inventory closed April up from a month earlier to its highest level in two years, supporting surprisingly brisk sales, according to Cox Automotive’s analysis of vAuto Available Inventory data. Meanwhile, days of supply dipped on higher sales. The average listing price of a new vehicle returned to above $47,000 in April. 1.90M Total Inventoryas of April 24, 2023 54 Days'… Read Article

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New-Vehicle Inventory Rises to Highest Level in Two Years 04/13/2023 Revised, May 11, 2023 – New-vehicle supply closed March at its highest level in two years despite surprisingly brisk sales, according to Cox Automotive’s analysis of vAuto Available Inventory data. Days of supply has remained relatively steady while the average listing price edged lower. 1.89M Total Inventoryas of March 27, 2023 57 Days' Supply $46,949 Average Listing Price The total U.S. supply of available unsold new… Read Article

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February New-Vehicle Inventory Climbed While Sales Grew and Prices Retreated 03/16/2023 Revised, April 13, 2023 – New-vehicle supply closed February higher than it ended January despite surprisingly strong sales, according to Cox Automotive’s analysis of vAuto Available Inventory data. The average listing price edged lower. 1.80M Total Inventoryas of Feb. 27, 2023 57 Days' Supply $47,257 Average Listing Price The total U.S. supply of available unsold new vehicles stood at 1.80 million units at the end of… Read Article

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New-Vehicle Inventory Edged Lower; Listing Prices Stabilize 02/16/2023 Revised, March 16, 2023 – New-vehicle inventory edged lower in January from December but remained significantly higher than a year ago, according to Cox Automotive’s analysis of vAuto Available Inventory data. 1.75M Total Inventoryas of Jan. 23, 2023 58 Days' Supply $47,521 Average Listing Price The total U.S. supply of available unsold new vehicles stood at a upwardly revised 1.75 million units near the end of… Read Article

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