The market is riding upward trends in inventory and sales, although average prices have dropped in the quarter after three straight quarters of increase.
OEMs Report 2022 Gains & Losses: Q4 Results Roundup
It was a mixed bag as quarterly and year-end sales results for nearly all major automakers rolled in. GM led U.S. sales, while Hyundai and Kia set new sales records and Stellantis and Nissan were down in both Q4 and YOY.