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
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
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
Despite lower production, there are more vehicles ready to be sold due to sales losing momentum since June.
September 15, 2021
As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
August 11, 2021
Market watchers had been expecting this slowdown to come earlier in the summer, but deals could still be made. Now there just isn’t enough product available.
July 14, 2021
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