New-vehicle inventory shrinks in April while prices rise and sales slow

New-vehicle inventory shrinks in April while prices rise and sales slow

New-vehicle inventory across the U.S. declined by 7.4% in April, falling to 2.49 million units at the start of May, according to Cox Automotive‘s vAuto Live Market View. The drop, fueled by slower production and delivery rates amid continued tariff uncertainty, has tightened supply even as demand remained elevated through early spring. At the beginning of May, days’ supply stood at 66, a decrease of six days from April and 16 days from the same …