New-vehicle inventories swelled to 3 million units in October, with full-size pickups and luxury SUVs experiencing the sharpest increases in days' supply compared to smaller, more fuel-efficient models. The surge comes amid rising diesel costs and signs of a broader slowdown in demand, raising questions about shifting consumer preferences and market dynamics. Dealers are holding onto larger vehicles longer, while tighter supplies of compact and hybrid models may be limiting choices for buyers prioritizing efficiency. Industry analysts are closely watching whether this imbalance will influence pricing or production trends in the coming months.
New-vehicle inventories reached 3 million in October as full-size pickups and luxury SUVs saw days' supply climb faster than smaller, more fuel-efficient vehicles. Rising diesel costs and slowing ...