New Vehicle Inventory Falls, Prices Rise As Manufacturers, Dealers Brace for Challenging Q3, According to Cloud Theory’s Q2 “On the Horizon” Report
GRAND RAPIDS, Mich., July 9, 2025 /PRNewswire/ — Pull-ahead demand in Q2 2025 pushed new vehicle sales to a monthly average of 1.17 million, up from 1.08 million in Q1 2025, according to automotive data analytics firm Cloud Theory. However, as vehicle inventory shrinks and prices rise, the automotive industry could be in for a challenging