Inventory levels of the Chevy Traverse across the United States rose as of the beginning of July 2023, GM Authority sources close to the matter tell us.
There were 7,500 units of the Chevy Traverse on the ground at dealerships as of July 1st, 2023, with an additional 8,000 examples of the full-size crossover in transit to dealers. This gives the Traverse a 18 days supply, meaning there is sufficient Traverse inventory for 18 days at the current sales pace. As context, a 60 days supply is considered optimal across the industry.
It’s worth noting that this is the first month in a while that saw a rise in the days supply for the Chevy Traverse. Previously, in June 2023, the Bow Tie brand’s full-size crossover posted a 16 days supply figure with 7,000 units on the ground and another 7,200 en route. Before that, May 2023 figures reflected a 17 days supply with 7,300 units on the ground and 6,600 units in transit. Finally, the Traverse boasted a 19 days supply with 8,000 units on dealership lots and another 6,800 en route for April 2023.
Notably, inventory levels had been gradually rising before April 2023. Starting 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. Finally, 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 Chevy Traverse had a strong showing for Q2 2023, with sales jumping considerably as compared to the same timeframe last year.
Chevrolet Traverse Sales - Q2 2023 - United States
In the United States, Chevrolet Traverse deliveries totaled 37,148 units in Q2 2023, an increase of about 78 percent compared to 20,842 units sold in Q2 2022.In the first six months of the year, Traverse sales increased about 55 percent to 68,681 units.
MODEL | Q2 2023 / Q2 2022 | Q2 2023 | Q2 2022 | YTD 2023 / YTD 2022 | YTD 2023 | YTD 2022 |
---|---|---|---|---|---|---|
TRAVERSE | +78.24% | 37,148 | 20,842 | +55.02% | 68,681 | 44,306 |
As a reminder, the 2023 Chevy Traverse is powered by the naturally aspirated 3.6L V6 LFY gasoline engine, rated at 310 horsepower and 266 pound-feet of torque, while output is routed to the ground via the GM nine-speed automatic transmission.
Under the body panels, the Traverse rides on the long-wheelbase variant of the GM C1 platform. Production takes place at the GM Lansing Delta Township plant in Michigan.
It’s worth noting that General Motors recently revealed the next-gen Traverse, which stands as a complete overhaul as compared to the current model.
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Comments
When do we expect the new version of the Traverse, a 2024 I presume, to hit the streets?
Dealers selling 23 traverses that are now a year old should have price reduction of 15 to 20% just like it will be when you drive it off the lot not seeing it here in ny if there is i have not found them dealers have about 2.9 reduction or o reduction hope they are hungry