At the end of December 2023, inventory levels totaled 2.3 million units of cars, an increase of 37.7 percent compared to the level recorded a year before. In detail, the total number of domestic and import vehicles in American dealerships experienced a growth that year and amounted to nearly 1.9 million and 430,000 units, respectively.
New vehicle inventory in U.S. dealerships between 2016 and 2023, by vehicle origin
(in millions)
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National Automobile Dealers Association. (April 24, 2024). New vehicle inventory in U.S. dealerships between 2016 and 2023, by vehicle origin (in millions) [Graph]. In Statista. Retrieved September 27, 2024, from https://www.statista.com/statistics/1308991/inventories-franchised-new-vehicle-dealers-united-states/
National Automobile Dealers Association. "New vehicle inventory in U.S. dealerships between 2016 and 2023, by vehicle origin (in millions)." Chart. April 24, 2024. Statista. Accessed September 27, 2024. https://www.statista.com/statistics/1308991/inventories-franchised-new-vehicle-dealers-united-states/
National Automobile Dealers Association. (2024). New vehicle inventory in U.S. dealerships between 2016 and 2023, by vehicle origin (in millions). Statista. Statista Inc.. Accessed: September 27, 2024. https://www.statista.com/statistics/1308991/inventories-franchised-new-vehicle-dealers-united-states/
National Automobile Dealers Association. "New Vehicle Inventory in U.S. Dealerships between 2016 and 2023, by Vehicle Origin (in Millions)." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1308991/inventories-franchised-new-vehicle-dealers-united-states/
National Automobile Dealers Association, New vehicle inventory in U.S. dealerships between 2016 and 2023, by vehicle origin (in millions) Statista, https://www.statista.com/statistics/1308991/inventories-franchised-new-vehicle-dealers-united-states/ (last visited September 27, 2024)
New vehicle inventory in U.S. dealerships between 2016 and 2023, by vehicle origin (in millions) [Graph], National Automobile Dealers Association, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1308991/inventories-franchised-new-vehicle-dealers-united-states/