Toyota Motor said it ended July with 154,541 vehicles in U.S. stock — 35,589 at dealers and 118,952 at ports or in transit — or just a 20-day supply. The Toyota division is starting August with a 19-day supply of new vehicles while Lexus has a 30-day supply.
Honda Motor Co.’s deliveries rose 57 percent for the second straight month, with volume rising 53 percent at the Honda division and 99 percent at Acura. Honda’s top sellers all posted major gains: Accord, up 145 percent; Civic, up 86 percent, and CR-V, up 52 percent.
American Honda, citing “continued industry logistics and supply challenges,” said it is starting August with about 30,000 Honda and 16,700 Acura vehicles on the ground. That is down from approximately 35,000 Honda and 19,000 Acura new vehicles at the start of July, but up sharply from 12,000 Hondas and 2,610 Acura models in dealer inventory a year ago.
The automaker has told dealers some shipments have been stymied by a shortage of rail cars in Canada, as well as trucks and drivers in the U.S.
Subaru’s U.S. deliveries have now rebounded 12 straight months with July volume jumping 21 percent, led by sharply higher Forester and Outback sales that offset weaker Crosstrek demand.
Deliveries rose 9.7 percent to 66,527 last month at Hyundai, with retail volume edging up 2 percent to 61,745. Sales of Hyundai’s top seller, the Tuscon crossover, rose 23 percent to 17,534, setting a July record.
Hyundai said it ended July with 47,836 cars and light trucks in U.S. stocks, up from 14,784 at the end of July 2022, but down slightly from 49,329 at the close of June.
Kia set a July sales record of 70,930, up 14 percent, with retail volume jumping 13 percent to 66,485. The results were boosted by a 72 percent in increase sales of electrified models and a 17 percent jump in deliveries of utility vehicles, the company said Tuesday.
