Sunday, July 17, 2022

New Vehicle Inventory Stuck Near Record Low

 FULL  ARTICLE HERE:

New Vehicle Inventory Stuck Near Record Low, Shortages Shift to Fuel-Efficient Cars, Prices Hit Record. But Used Vehicle Price Spike Runs out of Fuel amid Plenty of Supply | Wolf Street

New Vehicle Inventory Stuck Near Record Low, Shortages Shift to Fuel-Efficient Cars, Prices Hit Record. But Used Vehicle Price Spike Runs out of Fuel amid Plenty of Supply

Still the strangest auto market ever.





Fuel efficient vehicles essentially out of stock. At the low end of supply in the non-luxury segments were the Asian brands with fuel-efficient models that were essentially out of stock: Toyota Corolla, Kia Telluride, Toyota Camry, Hyundai Palisade, and Kia Sportage.

At the low end of supply by segment:

  • Hybrids, 17 days’ supply
  • Mid-size cars, 22 days’ supply
  • Compact cars: 24 days’ supply.


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