Categories: Automobile

U.S. car stock stays flat at 1.13 million

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New-vehicle stock within the U.S. stayed almost flat in Might from the earlier month as provide disruptions and continued robust demand made it tough to refill depleted shares, in response to knowledge compiled by the Automotive Information Analysis & Knowledge Heart and Cox Automotive.

Cox stated automakers and sellers had 1.13 million autos available nationwide, a 35-day provide, which is roughly the identical days-supply determine that has been in place since January, Cox stated. The determine is up 20,000 autos from the earlier month however nonetheless 30 p.c beneath the place stock stood a 12 months earlier, Cox stated.

Among the many automakers that proceed to report month-to-month gross sales and stock knowledge, Ford Motor Co., Hyundai-Kia and Subaru maintained their days’ provide from the earlier month, whereas American Honda, Toyota Motor, Mazda and Volvo noticed their days’ provide decline in Might.

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