Several automakers reported lower days supplies of automobiles at the beginning of March after posting sales gains in February, with Toyota Motor North America coming in at 55 days, down from 63 days a month earlier, according to data and estimates compiled by the Automotive News Data Center.
All of the automakers that reported monthly data for February posted sales gains.
Most brands in the U.S. have moved to reporting numbers quarterly.
The March days supply at the Toyota brand was 53 days, while Lexus came in at 67 days. Total inventory for the two brands was 410,100 units.
At American Honda, the days supply fell to 83 from 88 a month earlier, with inventory at 381,400. Hyundai's supply came in at 86 days, or 175,100 units, and Kia's was 36 days, down from 46 days in February, at 73,000. Luxury brand Genesis had a 134-day supply, down from 147.
A 60-day supply is considered optimum.
Mazda fell to 57 from 58 a month earlier, and Mitsubishi's supply dropped to 55 days from 77 days. Subaru's supply rose to 37 days from 35, and Volvo's fell to 69 from 83 at the beginning of February.
