This post was originally published on this site
Drive by certain new-car dealerships, and you might think that they just wrapped up a “going out of business” sale. Strong demand combined with unprecedented microchip shortages has made new cars quite tricky to find.
According to Cox Automotive data, a few automakers still have above-average inventory, and some of the most popular SUV and pickup models are still relatively easy to find. The auto industry uses a term called “days’ supply” to measure the theoretical amount of time it would take dealers to be entirely depleted of certain models if factories cut off shipments entirely. Currently, the national average is at about 25 days, less than half of what industry analysts have traditionally considered a healthy supply of new vehicles and a steep decline from just a few months ago.
The 10 brands with the highest days’ supply include:
- Alfa Romeo
- Fiat
- Infiniti
- Genesis
-
Volvo
VLVLY,
+0.56% - Ram
- Buick
- Cadillac
- Dodge
- Chrysler
Among the most 30 popular car models, 10 boast inventories at or above the national average. From highest to lowest days’ supply, regardless of model year:
- Ram 1500
- Jeep Grand Cherokee
- Chevrolet Equinox
-
Ford Escape
F,
-2.23% - Honda Pilot
- Ford F-150
-
Hyundai Elantra
HYMTF,
-3.87% - Subaru Outback
- Ford Explorer
-
Nissan Rogue
NSANY,
-2.11%
The hardest models to locate from the top 30 list currently include the Toyota Tacoma, Corolla, and Highlander, the Subaru
FUJHY,
Forester, and the Kia Forte. Not surprisingly, Toyota
TM,
and Kia
000270,
rank at the bottom for days’ supply, followed by Lexus, Honda
HMC,
and Land Rover.
This story originally ran on Autotrader.com.
