Inventories Rise: Toyota Camry, Honda Civic
- 11 Sep 2014
- Automakers, Manufacturing, Production
- Posted by Glenn Lidstone
- Comments Off on Inventories Rise: Toyota Camry, Honda Civic
Joseph Spak, A report of RBC Capital Markets reveals this important information.
In his report, he says that the Toyota Camry and the Honda Civic — the top-selling mid-size and compact cars in the U.S.,– face risks of production reduction as inventories of the models rise.
Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June. Similarly, Honda carried about 25 days more Civics than usual.
For this reason, Camry and Civic were the only models on risk for reduced output among 16 of the top-selling vehicles in the U.S. market.
General Motors Co., Ford Motor Co. and Chrysler Group LLC share in the first six months of 2013. This is the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set of passenger cars.
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