Automakers and dealers had nearly 4.1 million vehicles in stock on March 1, which translates into a 78-day supply.
That compares with an 88-day supply of vehicles a month earlier. On March 1, 2004, there was a 76-day supply of vehicles, with 4.0 million in stock.
There were more trucks than cars in inventory at the start of the month. Automakers reported nearly 2.5 million trucks on hand, a 90-day supply. The car count totaled almost 1.6 million units, a 65-day supply.
The February inventory equals that of February 2003. Together those months rank as the highest stockpiles for that month in the last 12 years.
The traditional Big 3 brands had inventory of nearly 2.8 million vehicles on March 1, for a 92-day supply. That compares with a 105-day supply on Feb. 1.
The industry considers a 55- to 60-day supply of vehicles to be ideal.
Japanese automakers had 942,800 vehicles in inventory, a 57-day supply. European automakers had a 62-day supply with 193,500 vehicles. Korean automakers had a 70-day supply with 158,400 vehicles.
Among individual automakers:
You may e-mail Dale Jewett at