New-vehicle ATPs jump 14% YoY in May amid stagnating supply

Average new-vehicle transaction prices rose again in May as supply is slow to rebuild.  The total number of available unsold new vehicles in the U.S. stood at 1.13 million units at the end of May, flat with April but down 25% YoY, according to vAuto data. By another comparison, new-vehicle inventory sat at 34 days’ […]