Despite less than stellar sales in May, automakers trimmed their supplies to a manageable 63 days June 1. About 60 days is considered ideal.
Supplies fell from 68 days May 1, but most of the excess again was at the traditional Big 3. General Motors, Ford Motor Co. and the Chrysler group had a combined 2.48 million units in inventory, a 79-day supply, down from 82 days May 1.
The domestics have too many light trucks in stock. It's no surprise most of those vehicles are bigger, fuel-thirsty SUVs and pickups.
GM had an 84-day supply of all vehicles, down from 86 May 1. But GM was sitting on a mountain of SUVs and pickups -- its light-truck supply was 93 days.
Cadillac's light-truck supply fell to 63 days, compared with 66 days May 1. But Chevrolet showed a 90-day supply of trucks. GMC had an elephantine 110-day supply.
Hummer had a 115-day supply of vehicles, including 108 days of the lighter and newer H3. Hummer had an 84-day supply of H3s May 1.
The Chrysler group entered June with a 77-day supply, down from 80 days a month earlier. But its light-truck supply was 93 days. The Dodge Dakota, Durango and Ram pickup and Jeep Commander and Wrangler had supplies of more than 100 days.
Ford Motor Co. trimmed its supply to 73 days, from 79 days May 1. The light-truck supply fell to 85 days, from 94 days a month earlier. Among Ford Motor's light trucks, only the Ford F-series pickup and Mercury Monterey had a supply exceeding 100 days June 1.
Import makes also are having problems selling light trucks. Nissan North America had a 100-day supply of its Titan pickup, an 89-day supply of Pathfinder SUVs and an 84-day supply of the Xterra SUV.
You may e-mail Diana T. Kurylko at [email protected]