Connected Car
The U.S. automaker's China sales had begun to contract in late 2017, in part due to the lack of a popular SUV for the market. Inventory levels are over 100 days' supply for rival Stellantis NV's Ram half-ton and heavy-duty pickups. Ford Motor Co has 92 days' worth of F-150s in stock, according to Cox data.A GM spokesman said Cox's numbers do not accurately reflect GM's inventory situation. Power and LMC Automotive forecast on Friday that U.S. car and light truck sales for February would reach a 14.6 million-vehicle annualized pace. The automakers face a choice between cutting prices using bigger rebates or subsidized loans, or keeping inventories tight.