U.S. new-vehicle inventory edged up +1.3% MoM to 3.01 million units as of early December 2025 and remained -6.0% YoY, pointing to stable supply amid softer demand.

• Total inventory increased from 2.97 million in early November to 3.01 million units, while days’ supply held steady at 90 days, indicating balanced inventory management MoM.

• Compared with last year, inventory levels were lower (-6% YoY) and days’ supply declined from 91, even as the 30-day sales pace ran -4.3% below 2024 levels.

• Average new-vehicle listing prices rose to $49,422 (+0.6% MoM; +1.4% YoY), showing continued price discipline despite moderating sales volumes.

• Brand-level dispersion remained wide, with Toyota and Lexus turning inventory quickly at 45–44 days’ supply, while Chrysler, Jeep, Ram, and Audi carried 130+ days’ supply.

• By price segment, vehicles priced $40,000–$50,000 showed the highest days’ supply at nearly 100 days, while sub-$40,000 vehicles and luxury models above $80,000 moved faster.

• Model-year mix normalized, with 2026 models accounting for 60.3% of inventory and just 0.5% from MY2024, indicating healthy turnover.

• Automakers continued to prioritize controlled production and selective incentives, keeping inventories manageable while monitoring demand heading into 2026.