New-vehicle inventories rose slightly last month to their highest point in nearly two years as production constraints continue to ease, according to data compiled by Cox Automotive and the Automotive News Research & Data Center.
Cox’s most recent estimate of the U.S. inventory is 1,893,855 vehicles, a 56-day supply. That is up from the 1,828,290, or a 58-day supply, in the previous month, and about 70 percent above where inventory was a year earlier. Still, it remains down…
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