LotLinx Weekly News Vol. 175: The inventory levels go ’round and ’round


FROM AUTOMOTIVE NEWS: Dealership Throughput Set to Rebound in 2021

A recent study predicts the average dealership throughput will be close to 910 units this year, a dip from the mid-2010s but a 100 vehicle increase from 2020’s plummet. The number of new dealership rooftops also rose year over year.

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FROM REUTERS: U.S. Manufacturing Production Accelerates on Autos in July

Auto plant production was up 11.2% last month due to rigorous manufacturing schedules. This increase aligns with an overall pickup in national output across industries.

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FROM WARDSAUTO: Squeezing Out More Vehicle Supply

Dealership inventory levels are expected to rise just slightly in the fourth quarter to around 2.83 million units – a 60 day supply. This increase will reset supply back to early 2021 levels.

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FROM FORBES: These Are the Easiest-to-Find New Cars and Trucks, Even Among a Shortage

Certain models are becoming more readily available on dealership lots than their counterparts, specifically those in the $20-30k price range. Manufacturers are even bringing back minor incentives to encourage the sale of these models.

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