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Even the most seasoned automakers don’t always
get inventory right for multiple reasons from
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production rates to market response.
This formula can fall into disarray,
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leaving dealers and automakers with an excess.
Sometimes a big one car edge recently crunched
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the numbers measuring the number of days it
would take to sell out all the available
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inventory of a vehicle based on daily sales
rates.
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This effort attempts to look at which vehicles
are currently selling the fastest and the
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slowest and the report yielded some interesting
results for one,
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the three fastest selling vehicles on the
market.
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This September are all made by the same
automaker and the two slowest selling ones are
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both products of a different single company.
Let’s start at the top of the heap.
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If you’re in the market for a Toyota Highlander
Rav Four or Camry,
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you might have some competition car edge shows
these three models with a market supply of one
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month or less.
Noting that the second fastest seller,
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the RAV four has been purchased more than
57,000 times over the last 45 days.
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On the other end of the spectrum is Stonis
maker of the two slowest selling models.
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The Dodge Hornet and the Grand Wagoneer at
current sales rates.
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It would take more than 400 days to clear out
all the inventory of these two vehicles with
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just 233 grand Wagoneers having been sold over
the last 45 days.
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Clearing stock is a noted priority for Salon to
Ceo Carlos Tavares who acknowledged in July
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that excess inventory was one of the company’s
biggest critical issues.
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The reason this all matters says car edge is
inventory volume is an influential factor in a
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buyer’s ability to negotiate a problem that may
impact dealers significantly if they find
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themselves sitting on months and months worth
of vehicles where they may not be able to
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demand sticker price.
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I’m Anna Wells and this is manufacturing now.