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Dealer Inventory

New Vehicle Transaction Prices Edge Higher

J.D. Power and LMC Automotive report predicts average new vehicle transaction prices will hit a record $46,259 in August.

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Tightened Inventory and Fewer Buyers Pose Risk to Auto Industry

Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.

GM Seeks to Prevent Quick Flips of High Demand Vehicles

General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.

Auto Industry Inventory Levels Stay Stagnant in June

Auto industry inventory levels sat between 1 million and 1.1 million vehicles for the sixth consecutive month in June, according to Cox Automotive.

S&P Global Mobility: North American Auto Production Rebounding

Analysts forecast production of about 14.7 million cars and trucks this year in North America, an increase of 12.5% vs. 2021.

Automaker Production Schedules Continue Freefall Due to Chip Shortage

The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.

High Vehicle Prices Expected to Hold Their Grip on Auto Industry

Consumers seeking lower prices on dealership lots must wait until 2023, reported auto-industry leaders at the New York International Auto Show.

Shortage of Inventory, Not Buyers Challenges U.S. Auto Industry

The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.

Hyundai Freezes Fleet Sales to Push More Vehicles to Dealers

By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.

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Will Ford Keep Its Build-to-Order Strategy?

Ford CEO Jim Farley wants to maintain the company’s build-to-order strategy after the chip shortage ends. Will consumers adapt?

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