Automakers May Be Breathing Sigh of Relief as US New-Vehicle Inventories Hold Steady. Despite concerns of a looming inventory crisis, new-vehicle stockpiles in the United States have stabilized, with a mere 10,000 fewer vehicles on the market to begin August. According to data firm Catalyst IQ, the current inventory stands at approximately 2.94 million units, a relatively minor decrease from previous months. The stabilization of inventories may come as a welcome relief to automakers, who had been bracing for a potential shortage of vehicles in the coming months.
New-vehicle inventories in the U.S. remained mostly flat to begin August, dropping only 10,000 vehicles to 2.94 million, data firm Catalyst IQ said.
