from24/7 Wall St.
3 days agoToyota Will Run Out of Cars First
Among dealers and car manufacturers, the terms are "day to turn." "days on lot," or "supply of inventory." It is the number of cars available on dealer lots. At the start of October, the figure across the United States was 2.87 million. According to Cox Automotive, the average day's supply across all brands was 84. It added, "At 84 days, the supply measure is now at the highest point since Q1."
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