Inventory levels slip, still below 1 million, says Cox Automotive – Automotive News

Inventory levels slip, still below 1 million, says Cox Automotive – Automotive News

“We think December will be tough, so the industry will close out the year rather weak, especially since some luxury players have very low inventories,” Krebs said. She noted that among luxury brands, BMW’s inventories were in the best shape, and the Ford and Ram brands had more full-size pickup availability than Chevrolet and GMC.

Among automakers reporting monthly sales and inventory figures, Subaru and Mazda had the tightest inventory levels, while Ford was the only automaker with more than one month’s supply on hand, according to the Automotive News Research & Data Center. Ford, Mazda, Toyota and Volvo all saw their days’ supply tighten over the past month; Honda and Subaru’s days’ supply both increased slightly, while Hyundai-Kia’s inventory levels remained flat.

Source: https://www.autonews.com/dealers/inventory-levels-slip-still-below-1-million-says-cox-automotive

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