Dealer Inventories Could Take a While to Stabilize

Car dealerships around the nation are reportedly having trouble restocking inventories following the prolonged production shutdowns enacted in response to the pandemic. Despite supply chain issues subsiding a bit, Cox Automotive reported the industry only has a 62-day supply of vehicles. That’s approximately 2.3 million sparkly new units, and would be more than enough to keep consumers happy if people didn’t care which model they drove home. Demand may still be suppressed, but the selective nature of shoppers is not.

For example, you may be able to find a Nissan Rogue (the brand’s biggest seller) without much hassle. But finding one equipped how you wanted may be outside the realm of possibility in 2020, depending upon where you live and the fickle winds of fate. And you could apply that same logic to any number of brands, as most continue to note that some suppliers and assembly lines occasionally have to shut down to comply with health mandates.

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  • Jeff “So, the majority of our products are either ICE vehicles or intended to utilize those multi-energy platforms that we have. This is a great opportunity for us, compared to our peers, having the multi-energy platforms for all of our products in development and having the agility to move between them,” she said. From what is stated about the next generation Charger it will be released as a 2 door EV and then as a 4 door with the Hurricane turbo straight 6. I assume both the 2 door and 4 door is on the same platform.