{"id":31671,"date":"2023-10-25T07:15:58","date_gmt":"2023-10-25T06:15:58","guid":{"rendered":"http:\/\/www.spglobal.com\/mobility\/en\/research-analysis\/october-inventory-trends-strike-vehicles-small-suvs-and-electr.html"},"modified":"2023-10-25T07:15:58","modified_gmt":"2023-10-25T06:15:58","slug":"october-inventory-trends-strike-vehicles-small-suvs-and-electric-vehicles","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/10\/25\/october-inventory-trends-strike-vehicles-small-suvs-and-electric-vehicles\/","title":{"rendered":"October inventory trends: strike vehicles, small SUVs, and electric vehicles"},"content":{"rendered":"

Pulling from retail advertised
\ninventory data for the week of Oct 9-15, S&P Global Mobility
\ndelivers the following insights on the US market:<\/strong><\/p>\n

Overall industry inventories<\/p>\n

New vehicle inventory listings have sharply
\naccelerated in the past month; from slightly more than 2 million
\nunits as of Sept. 11, now approaching 2.5 million units – more than
\na 10% increase in a one-month span, and 64% higher than this period
\nlast year. The legacy Detroit brands matched the trend, with
\ninventories jumping from about 995,000 to 1.08 million over the
\nsame span, an 8% jump.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

2023 vs 2024 model years<\/strong><\/p>\n

There still are more 2023 model vehicles in
\ndealer advertised inventories than incoming 2024s; however, 2024
\nmodel year advertised inventory is now reaching the level of
\nremaining 2023 model year units. And while we see the 2023 MY
\nadvertised inventory decreasing, the 2024 MY inventory is growing
\nat a faster rate than the 2023 MY sell-down.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

Strike vehicles<\/strong><\/p>\n

Retail advertised inventories of the vehicles
\naffected since the beginning of the UAW strike \u2014 Ford Ranger,
\nFord Bronco, Ford Explorer, Lincoln Aviator, Chevrolet Colorado,
\nGMC Canyon, Chevrolet Traverse, Buick Enclave, Jeep Wrangler, and
\nJeep Gladiator \u2014 have dropped from 160k to 141k since the week
\nof September 18. It is uncertain if those vehicles' inventory
\nsituation could be worse, if not for dealers slowing their sales
\nvelocity in case of a long-term strike impact.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

However, once the strike vehicles are removed
\nfrom the equation, the domestic manufacturers have been increasing
\nretail advertised inventory for other vehicles at a sharp rate.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

Compact Mainstream SUVs<\/strong><\/p>\n

The small SUV segment is once again turning
\ninto a dogfight, as overall retail advertised inventories continue
\nto rise sharply.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

In looking at specific vehicles, the Nissan
\nRogue, Chevrolet Equinox, Hyundai Tucson, and Ford Escape have all
\nseen inventories spike in the past month, while Toyota appears to
\nhave executed a summer sell-down of the RAV4, and the Jeep Wrangler
\nhas declined, likely due to the UAW strike. And while Honda CR-V
\ninventory percentages climb, dealer advertised inventories remain
\nwell below one month's sales velocity.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

Electric vehicles<\/strong><\/p>\n

Inventories of EVs other than Teslas continue
\nto rise, as continuing consumer concerns on affordability and
\ncharging network accessibility impact desirability. To ease the
\npressure on dealers, and increase consumer marketing exposure in a
\nlower-pressure environment, some OEMs are increasing their EV sales
\nto rental and corporate fleets.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

In looking at specific EV models, however,
\nthere are some concerning trends in terms of inventories vs.
\noverall sales as reported by manufacturers (retail and fleet). Ford
\nhas nearly 22,500 units of the Mustang Mach-E in dealer advertised
\ninventories; but total sales for the trailing three months amount
\nto just 14,842 units (as reported by Ford). Same goes for the F-150
\nLightning, which has nearly 9,000 units in inventory, but has sold
\njust 3,500 units in the trailing three months (Ford recently cut a
\nshift at the Rouge Electric Vehicle Center in response). Here are
\nthe inventory-to-sales equations for other key players in the EV
\nmarket:<\/p>\n

VW ID.4: 11,191 units in retail advertised
\ninventory vs 10,707 in reported 3Q sales<\/p>\n

Nissan Ariya: 5,574 in inventory vs 4,504 in 3Q
\nsales<\/p>\n

Hyundai Ioniq 5: 6,979 in inventory vs 11,665
\nin 3Q sales<\/p>\n

Chevrolet Bolt EV and EUV: 5,363 in inventory
\n(mostly Bolt EUV) vs 14,709 in 3Q sales. GM recently announced a
\nproduction increase on these models.<\/p>\n

An interesting side note: The Chevrolet Bolt EV
\nand EUV siblings have been the best-selling non-Tesla EV nameplate
\nin the industry for 13 consecutive months, while the Mustang Mach-E
\nhas been in the top 5 among all EVs (including Tesla) in 10 of the
\nlast 13 months, according to analysis of S&amp;P Global Mobility
\ntotal new light vehicle registration data through July 2023.<\/p>\n

\"\"<\/p>\n

Source: S&amp;P Global Mobility Retail
\nAdvertised Inventory data, week of Oct 9-15, 2023 ©2023 S&amp;P
\nGlobal Mobility<\/p>\n

FOR MORE ON INVENTORY
\nDATA AND MARKET INTELLIGENCE<\/a><\/p>\n

ELECTRIC VEHICLES: TOO
\nMANY TOYS ON THE SHELF<\/a><\/p>\n

LIGHT VEHICLE SALES
\nFORECASTING<\/a><\/p>\n

THE AUTO INDUSTRY SHARE
\nWARS WILL RESUME IN '23<\/a><\/p>\n

SUBSCRIBE TO OUR TOP 10
\nINDUSTRY TRENDS NEWSLETTER<\/a><\/p>\n

LOWER-CREDIT BUYERS
\nPUSHED OUT OF NEW VEHICLES<\/a><\/p>\n

AUTOMOTIVE LOYALTY RATES
\nSTALL DESPITE VOLUME INCREASES<\/a><\/p>\n\n

Commercials Cooperation Advertisements:<\/b><\/h2>\r\n


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Pulling from retail advertised
\ninventory data for the week of Oct 9-15, S&amp;P Global Mobility
\ndelivers the following insights on the US market:Overall industry inventoriesNew vehicle inventory listings have sharply
\naccelerated in the past month; …<\/p>\n","protected":false},"author":480,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-31671","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/31671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/480"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=31671"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/31671\/revisions"}],"predecessor-version":[{"id":31674,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/31671\/revisions\/31674"}],"wp:attachment":[{"href":"https:\/\/ga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