New automobile stock within the US was nearly flat in Might from the earlier month as provide disruptions and continued sturdy demand made it tough to replenish depleted inventory, in response to knowledge compiled by Automotive Information Analysis. & Information Heart and Cox Automotive.
Cox stated automakers and sellers had 1.13 million automobiles available nationwide, a 35-day provide, which is about the identical days provide determine that has been in place since January, Cox stated. The determine is 20,000 automobiles greater than the earlier month, however nonetheless 30 % beneath the place stock was a yr earlier, Cox stated.
Amongst automakers persevering with to report month-to-month gross sales and stock knowledge, Ford Motor Co., Hyundai-Kia and Subaru maintained their day by day provide from the earlier month, whereas American Honda, Toyota Motor, Mazda and Volvo noticed their day by day provide decline by Might.