New-vehicle inventory at 2-year high

New-vehicle inventory industrywide reached its highest level in two years, inching closer to a normal days’ supply, while listing prices declined month over month.  The U.S. supply of unsold new vehicles came in at 1.96 million units at the end of May, up 3.2% month over month and 73% YoY, according to Cox Automotive’s analysis of vAuto inventory data. […]