Connected Car
Cloud Theory's "inventory efficiency index" assigns scores to vehicle makes based on active inventory and sales data in comparison with competitors. A score below 100 indicates supply is outstripping demand, while a score above 100 suggests the vehicle is selling more efficiently than average. In July, Honda took clear leadership, surpassing Kia by almost eight points and separating from Toyota by almost 16 points. The fact that there is this convergence that occurred last month, there's always a lot of fluidity and dynamism in the marketplace," said Wainschel. Wainschel explained how the supply and demand curves for a brand affects its efficiency index.