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Inventory Woes Still Weigh on Auto Sales

Inventory Woes Still Weigh on Auto Sales

New light-vehicle sales in November came in below expectations, with a SAAR of 12.9 million units, down 19% from November 2020, according to the NADA. The average number of days a new vehicle sits on the lot, according to J.D. Power, fell to a record low of 19 days in November, down from 48 days in November 2020.