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2023 December
of the Month

Car dealers saddled with least demand, most inventory since Great Recession


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Scott Robinson Honda dealership, Torrance, CaliforniaThe amount of time it would take new car dealers to sell off their inventories is at the highest level since the Great Recession, Automotive News reported Monday. New-car dealers in the U.S. had more than 4 million unsold vehicles in inventory at the beginning of March, which translates to a 79-day supply. Calculated using the number of unsold...

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