June New-Vehicle Inventory Insights
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Inventory Overview:
- Total inventory stood at 2.82 million units in June, a 2.4% decrease from May but largely unchanged from the same time last year.
- Daily sales pace slowed by 5% from May, which benefitted from five weekends; however, it remains 4.1% higher than a year prior, based on vAuto Live Market View data.
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Days’ Supply:
- Increased to 80 days from a revised 78 in May, primarily due to reduced sales rather than increased inventory.
- The market reflects a reasonable balance, with consistent inventory levels throughout much of 2026, indicating good management by automakers.
Key Statistics
- Average Listing Price:
- Stands at $49,336, a 1.4% increase from last year and up 0.3% from May.
Brand-Level Insights
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Inventory by Brand:
- Toyota, Lexus, and Honda reported the tightest inventories. They are followed by Subaru and Cadillac.
- Brands like Kia (74 days) and Chevrolet (76 days) experienced slightly elevated levels, while Stellantis brands, particularly Jeep, Ram, and Dodge, are dealing with higher inventories.
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Incentive Management:
- Despite higher days’ supply, brands like Jeep maintained incentive levels (6.7% of ATP) below the industry average of 7%.
Price Segmentation
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The largest inventory concentration is in the $30,000 to $40,000 bracket, accounting for over 688,000 units (about 24% of total inventory), with an average listing price of $35,377.
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Notably, 28% of vehicles sold fell within this price range, indicating diverse consumer options despite the headline average reaching nearly $50,000.
Market Stability
- Overall market performance has been stable even with economic challenges.
- Inventory remains manageable, with most supply concentrated below the average price mark, presenting a competitive landscape.
For historical data, refer to the New Vehicle Inventory reports.
