Wednesday, December 11, 2024

Tag: New Vehicle Inventory Still Near Record Lows

New Vehicle Inventory Still Near Record Lows, with Twist: Fuel-Efficient Cars Vanish, Full-Size Pickups Pile Up. Ram, Dodge, Jeep Overstocked

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    by Wolf Richter, Wolf Street:

    But Kia, Toyota, Honda: nearly nothing on the lot. Where the shortages are, and where ample supply is, by brand and segment.

    At the end of August, inventories of new vehicles on dealer lots and in transit ticked up to 1.23 million vehicles, still at the woefully low levels that have prevailed since the spring of 2021, down by 65% from August 2019.