Posts tagged New Car Sales
New Car Inventories Continue To Grow

Automotive News reported that US new vehicle inventories was 4.19 million vehicles at the beginning of April. That number is the highest inventory level since 2004. New car sales are slowly starting to decline. In March, the seasonally adjusted annualized sales rate (SAAR) was lowest since February 2015. Also, manufacturers have been reluctant to slow production.

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