U.S. new-vehicle inventory slips in June while prices continue to rise

U.S. new-vehicle inventory slips in June while prices continue to rise

As of early June, new-vehicle inventory across U.S. dealerships fell to 2.47 million units, marking a 0.6% decline from May and a 12.2% drop year over year. While the market has cooled from its springtime sales surge, many dealers are maintaining leaner lots as they cautiously navigate ongoing tariff uncertainty. The average new-vehicle days’ supply increased slightly to 70, up from 67 at the end of April but still nine days lower than the same …