May inventory holds steady at 2.89M, Used-car prices top $30K, Japanese automakers face $40B tariff hit
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
May inventory has been reported to hold steady at 2.89 million, with used-car prices exceeding $30,000. However, there are conflicting reports about the current state of the market, with some indicating tightening market conditions due to robust retail sales, while others suggest potential issues with inventory data. Japanese automakers may also face significant tariffs, potentially totaling $40 billion.