Supply tightens into Memorial Day weekend, escalating industry concerns

New-vehicle inventory fell 37% YoY in April 2021

© Can Stock Photo / eric1513

Memorial Day weekend may amplify concerns for OEMs and auto lenders as inventory constraints hamper what is usually a big weekend for auto sales. New-vehicle inventory in mid-May 2021 sat at 1.95 million units, or 40 days’ supply compared with 44 days in April, according to vAuto data. Supply has been decreasing nearly every month […]

Already subscribed? Click below.

Exit mobile version