While sales stalled a bit after mid-February compared to 2022, at mid-year the market is not getting worse with small percentage increases.

The last several months have closely followed 2019 levels, the last normal year, which means dealers are balancing their inventory to the sales rate and...

While inventory is up substantially compared to 2021 and 2022 levels, it remains low by historical standards.

Cox Automotive says it's soared 350% while consumers put off EV purchases over pricing and charging concerns.

Double-digit increases in the automaker’s top-selling nameplates drove the increase.

Company cites the impacts of lower used-vehicle availability and higher wholesale pricing as the reasons.

Days' 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.

May supplies reached 1.96 million, well above a year earlier, though still under historical norms.

Economic headwinds are not deterring sales, Cox Automotive analysts find.

Estimates shows strong sales gains from rental, government, and commercial sectors as the supply chain squeeze of 2021-22 continues to ease.