Recent Trends Indicate a Small Decrease in Available New Vehicles

Inventory Update for Dealerships

New Vehicle Inventory Drops. Cloud Theory, a real-time automotive data insights provider for manufacturers, agencies, and affiliates, reports that new vehicle inventory has decreased slightly to 2.92 million units as of August. This represents a drop of 20,000 vehicles from the previous month and is the first decline in two years, excluding the typical seasonal drop from December to January.

New Vehicle Inventory Drops. Market Trends and Demand Insights

New Vehicle Inventory Drops. Current diagnostic data shows that demand remains relatively stable, with turnover rates holding steady in the mid-to-high 30s over the past seven months. While average vehicle pricing has remained consistent for three months, market adjustments—reflecting discounts and incentives available to consumers—are rising.

Top Performers in Inventory Efficiency

In the latest Inventory Efficiency Index, Toyota Motor Corporation leads, with Toyota and Lexus holding the top two positions in every competitive segment. Honda Motor Company also performs well, with Honda ranked #3 and Acura #6. General Motors remains strong, with three brands in the top 10 and Cadillac at #12. Notably, these manufacturers have significantly reduced their inventory levels compared to pre-pandemic figures.