Martinrea International Inc T.MRE

Auto Inventory Levels - favourable for auto parts suppliers

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As USA fights to rebuild inventory the auto parts sector should do very well.

Data tells the story:

Inventory of Autos in USA.
(December each year)
2014        1,218,000
2015        1,156,000
2016        1,156,800
2017           873,700
2018           718,800
2019           497,400
2020           444,400
2021             52,200
Reference: Domestic Auto Inventories (AUINSA) | FRED | St. Louis Fed (stlouisfed.org)
 
Inventory to Sales Ratio in USA.
(December each year)
2014     2.52
2015     2.6
2016    2.7
2017    2.44
2018    2.17
2019    1.74
2020    1.96
2021    0.31
 
Reference: • U.S. automotive inventory to sales ratio | Statista
 

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