Related: Wholesale Prices Reach Record High
Pickup Truck Inventory Drops to Extreme Lows
Full-size pickups trucks had only a 69 days’ supply as of July 6, 2020. Mid-size trucks were fewer at 45 days’ supply.

Photo: Cox Automotive.
U.S. inventories of new pickup trucks, large and small, have dropped to extreme lows due to the COVID-19 pandemic, according to a Cox Automotive analysis of vAuto Available Inventory data.
Low inventories are creating pressure for manufacturers to get products to dealerships, and with fleet sales being lower, this has helped the retail side of the business, according to Cox Automotive. However, as fleet sales return to pre-pandemic norms there will be huge pressure on manufacturers to satisfy both sides of the industry.
Full-size pickups trucks had only a 69 days’ supply as of July 6, 2020, according to Cox Automotive data. Mid-size trucks were fewer at 45 days’ supply. Typically, automakers prefer to have a higher days’ supply of trucks than cars or SUVs because trucks come in so many variations. A days’ supply of 80 to 90 is considered healthy.
“Buyers were scooping up pickups when the business shifted to zero-percent financing deals as the pandemic started and, even though plants are now up and running, automakers are having a tough time catching up,” said Charlie Chesbrough, Cox Automotive senior economist.
For Toyota, the full-size Tundra is down to a 26 days’ supply. Meanwhile, the Tacoma has only a 19 days’ supply. Both trucks are built at Toyota’s plant in San Antonio, Texas, a state recently hit hard by the coronavirus. Toyota announced a major investment in the plant and will move all Tacoma production to Mexico in 2021 to make room for the Sequoia SUV at the Texas plant.
Meanwhile for General Motors, both the full-size Chevrolet Silverado and GMC Sierra are down to 56 days’ supply. The midsize Chevrolet Colorado and GMC Canyon have even less inventory, with days’ supply of 46 on the Chevy and 53 on the GMC.
The situation could worsen as General Motors temporarily halted the third shift at its Wentzville, Mo., plant, which makes the popular Chevrolet Colorado and GMC Canyon, due impacts from COVID-19, Cox said.
Meanwhile, Ford and Ram are reported to have higher inventories.
Originally posted on Automotive Fleet
More Vehicle Insights

Kenworth T680 Featuring Special Design Will Transport U.S. Capitol Christmas Tree to Washington, D.C.
A Kenworth T680 departed the Nez Perce-Clearwater National Forest in Idaho this week to deliver the 2026 U.S. Capitol Christmas Tree, a 76-foot Engelmann spruce. This marks the 13th year a Kenworth is delivering the tree.
Read More →
Workhorse Partners with Tristan Fleet Management to Sell and Service Electric W56 Step Vans in Canada
Workhorse’s first Canadian dealer partnership, with Tristan Fleet Management, builds on five years of selling electric step vans in Canada.
Read More →
GM Launches Manufacturing Futures Under its $50M Commitment to Michigan
General Motors’ new initiative, Manufacturing Futures, will connect 2,800 Michigan middle school students each year with advanced manufacturing education and career pathways.
Read More →
Ford Super Duty Fleet Guide Specs Capability and 2027 Updates
Explore 2027 Ford Super Duty fleet specs, gas and diesel engines, towing, payload, configurations, work features, technology, and model-year updates.
Read More →
Re-rating Gross Vehicle Weight Ratings (GVWR): Why and How it's Done
Sometimes, it is not in a fleet’s best interests to have a vehicle at a given GVWR. Changing the GVWR to a special value can be done, but the process is complicated.
Read More →
Which Pickup Trucks Last 250,000 Miles? 2026 Rankings Revealed
Which pickup trucks are most likely to reach 250,000 miles? The 2026 iSeeCars study ranks 12 long-lasting models, with Ram, Toyota, GMC, and Ford among the leaders.
Read More →
Peterbilt Showcasing Transportation Innovations at ATA MCE
Peterbilt showcased Paccar Connect and exhibited several trucks during the American Trucking Associations (ATA) Management Conference & Exhibition (MCE).
Read More →
Volvo Unveils New VNX Vocational Truck & Off-Road Capable Tractor
Volvo Trucks has launched the VNX, a new vocational truck designed for on- and off-road use, and available in three variants. It is powered by the D13 platform, which delivers up to 540 horsepower and 1,950 pound-feet of torque and is EPA 2027 compliant.
Read More →
Truckers’ Strike Rumors, Electric Fleet Lessons, and GM’s New Duramax Lead This Week’s News
Truckers’ strike rumors, Republic Services’ electric fleet lessons, GM’s new 8.3L Duramax, van upfitting, Ford Pro used trucks, and more headline this week’s Truck Chat Cheat Sheet.
Read More →
Morgan Olson Launches North America’s Longest Working Step Van Challenge
Morgan Olson has launched North America’s Longest Working Step Van Challenge, a new customer campaign to find the longest-working qualifying Morgan Olson or Grumman step van actively delivering packages for an independent service provider contracted by FedEx.
Read More →

