U.S. business inventories fell for the first time in nine months in December as strong domestic demand depleted stocks at ...
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Stellantis Car Deliveries Weighed by U.S. Inventory CutsStellantis vehicle deliveries fell 9% in the fourth quarter of 2024 as the Jeep and Ram-maker took action to reduce excess inventory in the U.S. The auto giant, which also houses brands including ...
After years of turbulence and rising vehicle prices ... if automakers are stockpiling cars and there is no strike, any "excess inventory" is really not extra, given that inventory levels are ...
Consider the daily interest payments on that amount, and it's easy to see why excess inventory is bad ... time while they figure out how to move vehicles based on something other than price ...
A new study by CNW Marketing Research has now tried to quantify the dollar cost of that excess and come up with $3.9 billion, or $436 per vehicle. The three US carmakers have 15,741 dealers ...
Reduce your average inventory age: As I’ve long advocated, today’s market conditions require dealers to retail at least 50 percent of their used vehicles in less than 30 days.
Chipmaker Microchip Technology forecast fourth-quarter net sales and profit below Wall Street estimates on Thursday, anticipating tepid demand as customers in the automotive market still work on ...
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