Pickup Truck Inventory Reported New Low
Low inventory levels created during the pandemic when manufacturing ceased production, even while fleet vehicle sales have remained low, but retail sales have mostly returned to pre-pandemic levels. There’s huge pressure on manufacturers to be able to fulfill demand for retail and fleet needs.
- 69-day supply of Full-size pickups
- 45-day supply of Mid-size pickups
Automakers prefer to keep 80-90 day supply of pickup classes. Many vehicle purchase deals are happening on the retail side to take advantage of record-low zero-percent financing deals to move inventory.
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