inventory

Autos

Nissan’s Bold Strategy: Encouraging Dealers to Sell at a Loss to Move Inventory

May 21, 2024August 16, 2024 David Cohen0Tagged dealers, inventory, nissan

In an unprecedented move, Nissan has advised its dealerships across the country to start selling cars at a loss. This strategy, aimed at reducing the mounting inventory of unsold cars, could revolutionize the way we perceive car sales amidst fluctuating market demands. With the mean expense of buying a fresh automobile sitting around $47,000, the […]

3 mins read

Autos

New-Vehicle Inventory Hits 80 Days of Supply

February 16, 2024August 20, 2024 Omar Ali0Tagged industry, inventory, supply

February opened with 80 days of new-vehicle supply across the industry, the highest since June 2020, according to Cox Automotive’s analysis of vAuto Available Inventory data. As dealers ramp up incentives to entice buyers, the national inventory levels have also seen a significant uptick in February, reaching an 80-day supply on average across the industry—a […]

2 mins read