Inventory levels of the Chevy Traverse across the U.S. decreased just slightly as of the beginning of April 2023, sources close to the matter tell GM Authority.
8,000 units of the Chevy Traverse were on the ground at dealerships as of early April, with an additional 6,800 examples of the full-size crossover on their way to dealers across the U.S. This gives the Traverse a 19 days supply, meaning there is sufficient Traverse inventory for 19 days at the current sales pace. As context, a 60 days supply was considered normal prior to the COVID-19 pandemic.
Prior to April 2023, Traverse inventory levels had been making slow progress back to the optimum level of inventory. Back in January 2023, the Traverse had a 16 days supply with 6,043 units on the ground and 9,616 units in transit. Then, in February 2023, the Traverse had a 17 days supply with roughly 5,000 units on the ground and 8,200 units in transit. Most recently, in March 2023, the Traverse had a 21 days supply with 7,200 units on the ground and 7,000 more units in transit.
As far as sales figures are concerned, the Bow Tie brand’s full-size crossover had a great Q1 2023, with sales noticeably rising as compared to the same timeframe last year.
Chevrolet Traverse Sales - Q1 2023 - United StatesIn the United States, Chevrolet Traverse deliveries totaled 31,533 units in Q1 2023, an increase of about 34 percent compared to 23,464 units sold in Q1 2022.
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In regard to the current 2023 Traverse, the Bow Tie brand’s full-size crossover features the naturally aspirated 3.6L V6 LFY gasoline engine, rated at 310 horsepower and 266 pound-feet of torque, and the GM nine-speed automatic transmission.
For those who may be unaware, the next-gen Traverse is expected to debut sometime during the 2023 calendar year.