Stellantis is sitting on tons of unsold new cars as Chrysler, Dodge, Jeep and Ram all had enough inventory to last at least 152 days
New vehicle inventory can tell you a lot as it can indicate everything from popularity to production issues. The former is by far the most exciting aspect and it appears that Dodge vehicles are piling up at dealerships. According to an analysis by Cox Automotive, nearly all of Stellantis’ U.S. brands had more than twice the industry average of new vehicle supply.
That’s up 942,000 units from a year ago and up 130,000 units from a month ago. While Stellantis has plenty of inventory, Toyota only has a 34 day supply of new vehicles. Supplies of the Grand Highlander are particularly tight as consumers have embraced Toyota’s new three-row crossover. Following Toyota was Honda, Lexus, Land Rover, and Kia which all had a supply of 60 days or less. While foreign brands are in high demand, Cadillac and Chevrolet also have relatively tight supplies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New vehicle inventory levels are recovering but car prices haven't fallen low enoughCarGurus February intelligence report found that inventory is recovering, but the picture isn't as rosy as it was pre-pandemic.
Read more »
Wall Street veteran Marty Dolan explains why he's running to unseat AOC: 'Enough is enough'Veteran Wall Street investor Marty Dolan is confident that he can unseat Rep. Alexandria Ocasio-Cortez, D-N.Y., saying New Yorkers are dissatisfied with 'radicals' in charge.
Read more »
NYC subway conductor stabbed in neck sticking head out of A train cabin: 'Enough is enough'An MTA conductor, identified as Alton Scott, on a southbound A train at a subway station in the Brownsville section of Brooklyn was slashed in the neck when he stuck his head out of the cabin window, the NYPD said.
Read more »
Birthday Girlies Are Draining Our Accounts And Enough Is EnoughTalking about money benefits all of us — and we need to do it more. Join the conversation with Worth More, our 2024 guide to better finances, from navigating savings, debt and relationships to negotiating pay raises and, above all, investing in yourself.
Read more »
‘Enough is Enough’: Jacksonville letter carriers march downtown, bring awareness to recent attacksOver 300 people rallied in downtown Jacksonville to bring community awareness to the recent attacks against mail carriers on Saturday.
Read more »
'Enough is enough': Local activists march to end gun violenceThe Harrisburg community cried out to local lawmakers on Friday, looking for quicker action in what they say is a never-ending battle against gun violence.
Read more »