Automotive

Vehicle Deliveries For April Drop

“[OEMs] have not failed, they just found another way to not [adapt to supply chain disruptions.]” - Thomas A. Edison (Modern interpretation)
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Vehicle Deliveries For April Drop

Several OEMs report double-digit drops in deliveries for April. Each company pointed to ongoing supply chain issues pulling down day supply, leading to lower delivery volumes year-over-year. 

  • Kia dropped 16%
  • Hyundai dropped 20%
  • Toyota dropped 23%
  • Honda dropped 40%

Experts watching the situation hold to a return to normal inventory levels in 2023, but admit the balance between inventory and customer-facing inflation is delicate and can lead to unpredictable blips in the business.

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