CDK Outage Warped Days’ Supply
Cox data crunching shows near-record inventory total.
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Cox data crunching shows near-record inventory total.
Economic headwinds are not deterring sales, Cox Automotive analysts find.
More cars are available, but record prices and rising interest rates will challenge customers.
U.S. manufacturers and dealers are knocking on the door of the all-time record for days’ supply of new vehicles, an issue compounded by higher floorplan expenses, according to the latest figures from Automotive News.
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