DAILY ROUNDUP | AUG 20 | $49,336 Cars, Jeep 2x Supply, Used EVs +12.4%, Honda Axes EV
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Automakers are trying to fund a software-heavy future with vehicles that regular buyers increasingly cannot afford.
Today’s episode breaks down 2.82 million vehicles sitting in new-car supply, Jeep carrying roughly twice the industry average days supply while holding incentives to 6.7%, used EV wholesale values rising 12.4%, Honda killing the Prologue after a 49% sales drop, and Japanese rivals exploring shared parts to fund expensive digital systems like Google Gemini.
Today's Key…
The skinny
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