Tag: supply
TrueCar forecasts 36% sales increase for May
Even though supply chain issues and parts shortages continue to plague the automotive industry, sales seem to be doing quite well. TrueCar has released...
Record car sales push days’ supply of inventory down further
New car inventory has been steadily decreasing since December on two main factors: extremely strong buying behaviors by an increasingly confident nation, and a...
Dealers see used inventory prices continue to climb at auction
The Used Vehicle Value Index published by Manheim reports that total used vehicle sales were up 69% year over year in April, pushing the...
Rental companies are snatching up pre-owned cars amid supply challenges
As the coronavirus pandemic drags on, the auto industry continues to be impacted in many ways. There is no doubt manufacturers and dealers have...
Shortage of natural rubber compounds vehicle production concerns
Dealers could once again be facing inventory shortages in both the sales and parts departments as the supply of natural rubber is stretched thin....
More parts shortages hit auto industry, affecting new inventory
On Friday, Mar 19, a fire at Renesas Electronics Corp northeast of Tokyo, Japan has exacerbated the semiconductor shortage affecting the auto industry. The...
Sales strong and prices high through January despite below average inventory
Through the month of January, auto sales ticked higher than December 2020 as the pandemic recovery continues. With a January SAAR of 16.6 million units and...
Average list prices break through $40,000 ceiling as new vehicle inventory...
The strain of the coronavirus undoubtedly shook up the auto industry in 2020, but things have slowly been turning around since the middle of...
Used car industry seeing more inventory, all-time high prices
Customers have more choice and dealers have more to offer shoppers in the used car market, according to vAuto Available Inventory. Used cars have...
New car inventory levels starting to normalize
Dealers can start to breathe a little easier as new vehicle inventory levels continue to rise. Cox Automotive’s vAuto Available Inventory data shows that...
