Toyota and Honda reported lower inventory for the third straight month in June as they continue to recover from parts shortages caused by the March 11 earthquake and tsunami in Japan.
Toyota Motor Sales U.S.A.'s inventory has plummeted by nearly 50 percent since March 1, falling to 198,900 vehicles on June 1, from 384,200 on March 1.
American Honda's inventory of 137,500 vehicles on June 1 was down from 258,000 before the quake, a 47 percent drop.
Although stocks fell, a slower sales pace kept days-supply figures constant. As of June 1, Toyota had a 44-day supply of vehicles, unchanged from May 1, and Honda's supply was at 36 days, down from 37.
Toyota has said its production in Japan would return to 90 percent of prequake levels and North American production would hit 70 percent of normal output by July 1.
Honda said this month that production at its two Japanese plants, and North American production of all models except the Civic, would return to normal this summer.
Nissan North America had 158,300 vehicles on hand, a 50-day supply. That was down from 66 days on May 1. Other Japanese manufacturers had more inventory. Suzuki, with an 80-day supply on June 1, had the second-highest days supply in the industry, followed by Mazda at 76 days. Only ailing Saab, at 246 days, had a larger backlog.
Combined, the Detroit 3 had 1.3 million units of inventory on June 1, a 59-day supply. That was virtually the same as the prequake figure of 62 days as of March 1.
The industry standard for inventory is widely considered to be 60 days.