While crossovers, SUVs and pickup trucks continue to move like a firesale, sedans and sports cars are feeling the cold shoulder in today’s auto market. Specifically, six out of ten vehicles with the highest days’ supply inventory were General Motors vehicles.
And, not shockingly, they’re cars, not crossovers. A chart from the Associated Press, reported by Corvette Blogger, shows America’s sportscar at number four on the list with a 267 days’ supply of Corvettes across the United States. Days’ supply is calculated by the number of days inventory would meet consumer demand at the current sales rate.
As for the 2017 Chevrolet Camaro, it’s right behind the Corvette, with a 237 day supply at hand across the country.
Worse news surrounds Buick. The all-new recently introduced 2017 Buick LaCrosse tops the list with a whopping 330 day supply of sedans. A shame, because the LaCrosse is quite a nice package, as we found out last year during our first drive with it.
Rounding out the list are the Buick Cascada convertible (298 day supply), Buick Verano compact sedan (234 day supply) and the Buick Regal (222 day supply). Previous reports peg GM to have a 105-day supply of vehicles on average; a 60-day supply is deemed healthy in the industry.
Granted, cold weather and inclement weather don’t help move vehicles, after the Northeast was pounded with a winter storm, but the numbers are still shocking. As the North and Midwest states begin to thaw out into spring, sales may begin to rebound.
In the meantime, it could be an excellent opportunity to score some discounts on the Camaro, Corvette and various Buick passenger cars.