ZeroSum Automotive Inventory Data and Sales Forecasts February 2022

Key Facts

• While new vehicle inventory was down at the beginning of the month, used vehicle inventory increased 1.7% month-over-month, with an increase of 29,804 units available for sale (See Figure 5).
• February is forecast to finish 9.5% below January in total new units sold and 7% below January in used units sold (See Figure 2 and Figure 6). MAZDA is positioned to make some of the biggest month-over-month new car sales gains while Audi is set to make some of the most used car sales gains.
• 5% fewer new vehicles are forecast to be added to dealers' inventory in February than January while 8.3% fewer used vehicles are forecast (See Figure 2 and Figure 6).
• The average MSRP of a new vehicle is down half a percent in February compared to last month, but it remains up 16% over last year (See Figure 3).

Click To Read Full Article