New Vehicle Inventory Dips, Near Record Low. Fuel-Efficient Cars Vanish. But Supply of Full-size Pickups & SUVs Rises, Discounting Sets in to Move the Iron

Inventories of new vehicles on dealer lots and in transit at the end of July dipped from a month earlier and remain stuck at the same woefully low levels where they’ve been all year that constrain sales, frustrate dealers, and turn off customers. This scarcity continues to push up prices to new highs