In further proof that Americans’ love affair with cars is waning, the days’ supply of some formerly hot-selling models have reached their highest levels since the end of the recession.
The Honda Civic, for instance, had a days’ supply of 117 in January and 96 in February, for a 2-month average of 107, well above the 2-month 2015 average for Small Cars of 81 days and for all cars of 79 days.
Civic’s 107 days’ supply average is second only to the recessionary months of January and February 2009, when the car’s days’ supply was a respective 152 and 128, or an average of 140.
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