New car stock up 57% from final 12 months

Primarily based on June retail marketed stock knowledge, car
stock in the US continues to rise. Listed here are 4 key
takeaways from our most up-to-date evaluation:

1. Accessible retail marketed stock on the finish of
   June continued to develop, reaching 2.84 million
   autos.

   Stock is up 1.8% in comparison with the top of Might and 57% over June
   2023. This marks the thirteenth consecutive month of will increase.

   

2. Most segments are experiencing stock development, with
   the Compact Utility phase seeing a major enhance of
   7.4%.

   This phase additionally has the biggest variety of marketed
   autos.

   

3. From an marketed pricing perspective, the typical
   Producer's Recommended Retail Value (MSRP) has been rising
   since March, up 2% after a gentle decline since final
   summer season.

   

4. The common marketed low cost is now $3,236, the
   highest degree seen within the dataset since January
   2022.