"Stellantis Struggles with Surplus Inventory Amid Weak Sales"
Originally Published 1 year ago — by CarScoops
Stellantis is facing a surplus of unsold vehicles, with the automotive industry experiencing the highest inventory levels since the pandemic began. Weak sales in January have led to an 80-day supply of new vehicles, driving discounts and incentives as dealers work to move the excess stock. Stellantis, along with Chrysler, Dodge, Lincoln, Ram, and Jeep, are among the automakers with the greatest supply surplus, while Japanese automakers like Toyota and Honda have the shortest supply. Despite the challenges, overall sales have increased by 9 percent compared to a year ago, but average listing prices have fallen as dealers strive to sell off the excess inventory.