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U.S. New-Vehicle Inventory at 2.91 Million, Days' Supply Down Nearly Three Weeks YoY

U.S. New-Vehicle Inventory at 2.91 Million, Days' Supply Down Nearly Three Weeks YoY

According to Catalyst IQ data, U.S. new-vehicle inventory stood at 2.91 million units in early September, down about 30,000 month over month and up about 40,000 year over year, with 73 days' supply, down 5 days month over month and nearly three weeks less year over year. Hybrids had the fastest turnover for the fifth consecutive month, with inventory at only 64 days; battery electric vehicles fell to 72 days, while diesel vehicles rose to 114 days as oil prices hit new highs. Midsize SUVs and crossovers had inventory of more than 600,000 units, and full-size pickups 358,000. Among six automakers that disclosed figures, inventory days rose for Ford and Mazda and fell for Toyota, Honda, Subaru, and Hyundai. Inventory of lower-priced models contracted.

4849 days ago
Hybrids Fastest-Turning for Fifth Straight Month, Yet Add Most Inventory: U.S. Auto Market Reallocates

Hybrids Fastest-Turning for Fifth Straight Month, Yet Add Most Inventory: U.S. Auto Market Reallocates

Catalyst IQ data shows that in early September, U.S. new-vehicle inventory fell to 2.91 million units, down about 30,000 month over month and up about 40,000 year over year, with 73 days' supply, down 5 days month over month and nearly three weeks less year over year. Hybrids were the fastest-turning for the fifth consecutive month, with 64 days' supply and the largest increase; battery-electric vehicles fell to 72 days, while diesel vehicles rose to 114 days. Models priced from $35,000 to $50,000 accounted for about 36% of available inventory, while lower-priced vehicle inventory contracted. Midsize SUV inventory exceeded 600,000 units, and full-size pickups stood at 358,000. Ford and Mazda saw their days' supply rise, while Toyota, Honda, Subaru, and Hyundai declined.

5059 days ago
Ford and Geely Form Joint Venture in Spain, Multi-Energy Vehicles from 2028

Ford and Geely Form Joint Venture in Spain, Multi-Energy Vehicles from 2028

On July 23, 2026, Ford Motor Company and Geely Automobile Holdings announced a manufacturing joint venture at Ford's Valencia, Spain plant. Ford holds 66% and Geely 34% of the JV, which will share a facility with annual capacity of approximately 500,000 units to produce multi-energy vehicles for both brands. Operations are expected to begin in H1 2027, with the first new models rolling off the line in 2028. The move accelerates Geely's European localization strategy while supporting Ford's product offensive in Europe.

22757 days ago