U.S. new-vehicle inventory tightened at the start of January 2026, falling -8% MoM to 2.77M units and -4.8% YoY, pushing days’ supply down to 76 amid strong year-end sales.

• Total new-vehicle inventory stood at 2.77M units as of Jan. 1, 2026, with days’ supply at 76, down sharply from 92 days one month earlier, indicating a meaningful drawdown in dealer stock.

• Inventory declined from a revised ~3.0M units in early December to ~2.8M in early January (nearly -8% MoM), described as the steepest MoM contraction in recent memory.

• The report attributes the inventory tightening to a mix of strong December selling, aggressive year-end incentives on remaining 2025 models and lingering EV inventory, and restrained 2026 model releases to support pricing power.

• Average listing prices rose to $50,465 (+1.2% YoY) and increased through late December, ending the month +2.2% above November, signaling continued upward pressure on advertised prices.

• Brand inventory dispersion remained wide: Lexus and Toyota were cited at very lean 28 and 33 days’ supply, respectively, while Honda was at 49 days and Land Rover at 42 days, indicating faster inventory turnover at these brands.

• On the high-inventory end, Chrysler was cited as more than twice the industry average, with Jeep at 130 days and Ram at 115 days; Volkswagen at 143 days and Lincoln at 133 days, reflecting slower-moving stock for several mainstream and Stellantis brands.

• By price segment, vehicles under $40k were described as lingering longer, while luxury models above $75k turned fastest at 63 days’ supply, highlighting stronger relative demand at the high end versus more price-sensitive categories.