New-vehicle inventories continue to tick up as the pace of vehicle sales remains healthy despite economic headwinds, according to data from Cox Automotive and the Automotive News Research & Data Center.
Cox’s most recent estimate of U.S. inventory is 1,928,619 vehicles, a 52-day supply. That’s up from 1,904,958 vehicles, or a 53-day supply, in the previous month, and about 71 percent higher than a year earlier.
Though supply is much higher compared with 2022, the level is well…
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