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New-vehicle inventory up 42% from August 2023

New-vehicle supply has stabilized and affordability has improved, but average monthly payments remain above $700.   New-vehicle inventory sat at 2.8 million units as of Aug. 1, up 42.4% from a year ago, though down 3.6% month over month, according to the latest data from Cox Automotive.   The year-over-year uptick is a product of […]