📝U.S. Unsold New Vehicles Rise 70% Y/y, Supply At Highest Since April 2021: UBS Strategy

The total US supply of available unsold new vehicles stood at 1.89 mn units at the end of March, up from a revised 1.80 mn at the end of February. The end of March marked the highest level of supply since April 2021. Supply was up 70% from a year ago, or 780,000 units higher.

- UBS Strategy