Inventory levels are showing some signs of recovery, however.
Believe it or not, that’s a slight improvement from earlier this year.
Inventory levels also increased from November 2021.
Chip supplies continue to improve.
Production of the 3.0L LM2 diesel is currently on hold.
It hopes to clear out the rest by the end of the year.
GM at one time had about 25,000 built-shy trucks in storage.
Not surprising, given the current market situation.
There’s currently lots of choice for potential Silverado Medium Duty customers.
High demand and production setbacks are the cause.
Production output is low, but demand remains high.
Around 2,400 units of 2019 and 2020 Silverado MDs were sitting on dealer lots at the end of April.
Meeting customer demand is becoming harder by the day.
The partially assembled vehicles are awaiting microchips.
High demand and production delays equal low inventory.
Good luck finding a new Canyon at your local dealer.
It’s the most popular car in its market segment in the U.S.
The Escalade ran on an average supply of 19 days in March.
Bu that’s not necessarily a bad thing.
This could be the new normal.
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