If you’re hunting for a great deal on a new vehicle right now, these interesting but slow-moving options might increase your negotiating power.
Knowing which vehicles are piling up at car dealerships could help you get the best price, and improve your leverage during negotiations. And, right now, your best bet is to choose a Stellantis (parent company of Jeep, Ram, Dodge, Fiat, and Maserati) vehicle as they make up half of the top-ten slowest selling vehicles according to CarEdge. But which Stellantis vehicle is languishing at dealers the most right now?
Well, it turns out to be the newest addition to the Dodge lineup: the Hornet compact crossover.Even with its appealing starting price of $42,530, dealers just can’t get them off their lots quickly enough. According to CarEdge dealer inventory data, the Market Day Supply—or the number of days it would take to sell all the models available based on its current sales rate—of the Dodge Hornet is up to 428 days. Dodge apparently has 14,596 Hornets on dealer lots, but has only moved 1,536 in the last 45 days.
As we mentioned, it doesn’t get much better for other Stellantis vehicles, as the Jeep Grand Wagoneer is in the same 428-day supply boat with 2,214 units on lots with only 233 sold in the past 45 days. Mercedes-Benz and its EQB is the third worst with a 427-day supply (3,546 on lots and only 373 sold in the past 45 days), the Maserati Levante drives up with the third slowest seller at 410 days supply (602, 66 sold), and the Lincoln Aviator is the fifth slowest seller at 392-day supply (8,153, 935 sold). Surprisingly, the Jeep Grand Wagoneer L is selling better than the regular Grand Wagoneer, as the long wheelbase version is sitting on a 354-day supply with 1,218 on dealer lots and 155 sold in the past 45 days. Also note that by another measure, actual quarterly sales, the Jeep Wrangler is also having a tough time lately.
If you’re curious on what the fastest sellers are, the top three spots are from Toyota: the Highlander at 23 days, RAV4 at 30, and Camry at 31 days worth of inventory. Of the fastest list overall, Toyota and Lexus take six of the top-ten fastest sellers. The Honda Civic comes in at the fourth fastest with a 34-day supply. Surprisingly, a Stellantis product takes the fifth spot; the Alfa Romeo Stelvio shares the Civic's market day supply level. The only American product on the hot-selling list is the Chevrolet Traverse, with a 37-day supply.
- SUBARU first in the world to ship vehicles with DENSO ‘Harmony Core’ - cutting-edge digital cockpit technology powered by BlackBerry QNX -
KARIYA, Japan and WATERLOO, ONTARIO DENSO Corporation and BlackBerry Limited (NYSE: BB; TSX: BB) today announced the first integrated HMI (Human Machine Interface) digital cockpit system with BlackBerry® QNX technology has shipped in the first vehicles by leading Japanese automotive manufacturer, SUBARU. The technology, named DENSO ‘Harmony CoreTM’ will be available first in the United States from Autumn 2019 in the all-new 2020 SUBARU Legacy and Outback (U.S. model).
Co-developed by BlackBerry and DENSO, in collaboration with SUBARU, this leading-edge digital cockpit solution uses BlackBerry QNX® Hypervisor (virtualization) technology to enable integrated control of in-vehicle HMI systems. First revealed at CES in 2018, this blend of advanced software and human interaction creates a seamless automotive user experience as data-driven connected vehicles become our reality.
Today, vehicles are equipped with multiple HMI systems, which require several device-specific operating systems to work in unison. Because the operating systems are independently controlled by multiple microcontrollers, it has not been possible to unite and coordinate them to display content and sound in a uniform way. The BlackBerry QNX Hypervisor technology enables the independence of several operating systems with different characteristics and controls the integration with one microcomputer.
“Software is the driving force in next-generation automotive design," John Wall, SVP and General Manager of BlackBerry QNX said. “As cars become more data-driven and automated, they demand functional, secure and trusted in-vehicle software. A leader in automotive technology, BlackBerry is excited to bring one of the world’s first integrated digital cockpit platforms to market with DENSO in SUBARU’s latest vehicles, helping manufacturers to take advantage of a significant industry trend – the exploding demand for a safe, seamless, digital in-car experience.”
According to Data Bridge Market Research, the global automotive digital cockpit market is expected to have an estimated value of USD 41.15 billion by 2026 (CAGR of 13.67% between 2019-2026). The research also reports that growth in the ADAS market and increasing demand for electric vehicles is the major factor for the growth of this market.
“We are very pleased to launch the first integrated HMI platforms in the world with BlackBerry and SUBARU” said Atsushi Hayashida, Director, Head of Cockpit Systems Business Unit of DENSO. “With the rapid development of technology for self-driving and electric vehicles, the value of cars is about to change significantly. By collaborating with other companies and research institutes, refining the technology and accelerating product and service delivery to help manufacturers deliver next generation vehicles, DENSO is creating new value for the global Smart Mobility society.”
“SUBARU is synonymous with innovation, quality and building trusted vehicles that customers can rely on,” said Tatsuya Okuno, Vice President and Chief General Manager of Engineering DIV.1 of SUBARU Corporation, SUBARU. “Together with DENSO and BlackBerry, we are excited to introduce the integrated HMI cockpit systems in the all-new 2020 SUBARU Legacy and Outback (U.S. model). This is a world-first in new automotive digital experience seamlessly combines the cluster, head unit, infotainment system, and entertainment screens with the class-leading safety SUBARU is known for. We are excited to roll-out the Harmony Core HMI technology in future car models with BlackBerry and DENSO.”
SUBARU is the first vehicle manufacturer in the world to commercially deploy the jointly developed digital cockpit platform, featuring BlackBerry QNX Hypervisor. From September 2019, automobile manufacturers around the world will sequentially launch new car models with the integrated HMI.
About DENSO Corporation
DENSO is a $48.3 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 211 facilities in 35 countries to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company’s 170,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.3 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2019. For more information about global DENSO, visit https://www.denso.com/global/en
About BlackBerry
BlackBerry (NYSE: BB; TSX: BB) is a trusted security software and services company that provides enterprises and governments with the technology they need to secure the Internet of Things. Based in Waterloo, Ontario, the company is unwavering in its commitment to safety, cybersecurity and data privacy, and leads in key areas such as artificial intelligence, endpoint security and management, encryption and embedded systems. For more information, visit BlackBerry.com and follow @BlackBerry.
BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.