Core Report | December 9, 2022

Inventory of light vehicles on dealers lots continue to replenish as production has improved during the back half of the year. U.S. light vehicle inventory ended November at 1.645 million units, up 6.9% from October and up 57.0% from 1.047 million units in November 2021. Compared to October, the inventory of cars increased the most, climbing 9.0%. The current inventory, when combined with November’s sales pace, equates to 37 days of supply.