U.S. vehicle inventory has finally begun to climb out of the narrow band it was mired in since the beginning of the year, ticking up to 1.21 million units last month, the highest level since June 2021, according to data compiled by Cox Automotive and the Automotive News Research & Data Center.
September 09, 2022 03:32 PM
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These U.S. auto plants have extra capacity, but moving production from overseas no easy task
Some see underutilized U.S. plants as a quick way for automakers to shift production of imported models. But doing so would be a costly, time-consuming process, experts say.
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