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Days’ supply climbed to 49, the highest since May 2021. The question now is: Will demand keep up with supply?
https://www.government-fleet.com/10187333/most-brands-see-new-vehicle-supply-rebound
Higher interest rates are likely hurting used-vehicle demand because consumers can’t afford the higher monthly payments.
https://www.government-fleet.com/10183380/used-vehicle-market-stabilizes-supply-prices
Wholesale prices had been moving downward for most of the year and decreased 4% in August from July, widening the divergence with retail prices.
https://www.government-fleet.com/10181337/used-vehicle-inventory-up-30-yoy
As gas prices surged to record levels, inventory of imports, especially smaller, fuel-efficient models, including hybrids, was among the lowest in the...
https://www.government-fleet.com/10175569/gas-prices-influenced-still-low-new-vehicle-inventory-in-may
The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
https://www.government-fleet.com/10175566/prices-inch-down-as-used-vehicle-supply-holds-steadyWe asked attendees of GFX 2021 what projects they were currently working on.
https://www.government-fleet.com/10160864/on-the-show-floor-at-gfx-2021
The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
https://www.government-fleet.com/10156596/used-vehicle-supply-edges-higher
New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
https://www.government-fleet.com/10156591/worst-of-vehicle-supply-shortage-might-be-over
As August opened, inventories were running 53% below 2020 levels and 68% below 2019 levels.
https://www.government-fleet.com/10149259/new-vehicle-supply-still-low-but-starting-to-stabilize