As the UAW strike continues, Chevy Colorado and GMC Canyon inventories will be low in September 2023.

While the UAW strike is temporarily being mitigated by strong inventory data for Ford and Stellantis, some GM truck nameplates, including the Chevy Colorado and GMC Canyon, continued to have limited availability through September.

According to Cox Automotive research, the mid-size Chevy Colorado and GMC Canyon were already down to just 29 days supply last month, while the perennially popular Chevy Silverado still had 90 days' supply left.

A UAW strike that started in mid-September targeted the GM Wentzville factory in Missouri, which manufactures both the Chevy Colorado and the GMC Canyon, halting production of both truck models. While GM may be making sluggish headway with its most recent offers to the union, the lack of new production will probably result in a long-term shortage of the two mid-size pickups.

Numerous other GM models have days of inventory that are significantly less than the 60 days that the car industry typically views as ideal. These include a number of The General's best-selling and most lucrative nameplates, including the Cadillac Escalade, Chevrolet Tahoe, and Chevrolet Suburban, all of which had 30 days' worth of inventory on dealer lots in September.

With only 23 days' worth of the in demand supercar on hand at dealers, the Chevy Corvette has the least supply. However, given that hundreds of 2023 Corvette Z06 vehicles were recently spotted parked in an outdoor lot at the GM Bowling Green plant in Kentucky, awaiting carbon fiber parts before they can be finished, shipped, and delivered, this limited supply probably has more to do with supply chain issues than the recent strikes.

With the highest absolute numbers of vehicles available for sale since the COVID-19 outbreak in 2020, GM has an overall supply of automobiles on lots that is equal to a 60-day supply for each of its four brands. The other Big Three automakers are better suited to withstand UAW strike disruptions due to larger dealer inventory levels. While the Ford brand has 88 days' worth of inventory, the majority of Stellantis brands, including Jeep and Dodge, have more over 100 days' worth.

The paper claims that because foreign automakers also have inventory shortages for various reasons, they are unable to gain market share as a result of the UAW strike. Asian brands in particular have low amounts of inventory, with Kia, Hyundai, Honda, and Toyota having few days' availability at American dealerships.

Although this pricing is 3% more than typical prices at the start of October 2022, the average price of a new car decreased somewhat from the beginning of September and the beginning of October to $47,397.