New Vehicle Supply Tops 1 Million as OEMs Ramp Up
Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.
January 16, 2022
Available inventory is still down 62% behind the same period in 2020. The days' supply as of December remained 48% below Dec. 2020.
January 16, 2022
December 2021 numbers show the accumulating effects of supply chain shortages, price inflation, and static media incomes.
January 16, 2022
The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
January 11, 2022
With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.
December 16, 2021
A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.
December 10, 2021
New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
November 22, 2021
Double whammy: New-vehicle inventory falls below 1 million units in September while the average new vehicle price tops $45,000 for the first time.
October 19, 2021
The lack of new-vehicle inventory is steering many dealers and consumers into the used-vehicle market, resulting in higher prices for both wholesale and retail used vehicles.
September 28, 2021
But sales are declining as car shoppers face limited inventory, high prices and historically low incentives.
September 14, 2021
Tight new-vehicle supply puts upward pressure on new-vehicle transaction prices. Affordability hits 10-year low in July.
August 18, 2021
As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
August 11, 2021
The Bolt EV saw a 335% sales increase in July to its highest volume ever in a second quarter at 10,857 units.
August 4, 2021
The manufacturer of Chrysler, Dodge, RAM, Jeep and Fiat recorded a sales increase of 32% in the quarter but it's not back to pre-pandemic levels yet.
August 3, 2021
For the first time in a decade, vehicle buyers were essentially paying sticker price (MSRP) for new vehicles.
July 20, 2021
Key reasons: Prices paid moved higher, incentives declined, and estimated median incomes fell.
July 18, 2021
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