Automotive Industry:United States: Difference between revisions

Automotive Industry:United States (view source)

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+|2.76<ref name=":7">https://www.coxautoinc.com/market-insights/new-vehicle-inventory-september-2024/</ref><ref name=":7" />
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+=== September 2024 ===
+==== New ====
+A new-vehicle days’ supply of 81 at the start of October is just one day more than the 80 days we saw back at the beginning of October 2019. Days’ supply continues to run below the average 83 days we saw in the first six months of the year.
+The total U.S. supply of available unsold new vehicles opened October at 2.76 million units. This is up 25% year over year but down 20% from 2019 levels. Keep in mind that most dealerships have approximately 37% fresh MY25 product on their showroom floors, with automakers providing more incentives to move older metal.
+==== Used ====
 === June 2024 ===