Inventory check. U.S. new-vehicle inventory climbed to 3.02 million units in February, or about a 75-day supply heading into spring. On the surface that sounds healthy. But the number is doing a little more work than it seems. The bigger factor right now is slower selling speed, which pushes days-supply higher even when inventory levels look similar to last year. One brand still stands apart: Toyota, running at just a 27-day supply. In this clip, @Jamie Butters points out something else interesting. The automakers that still report monthly data are sitting closer to about a 50-day supply, and Toyota has stuck closely to the lean inventory approach that took hold during COVID. There’s also a transparency angle. When companies move to quarterly reporting, the data becomes more of a history lesson. By the time the numbers arrive, you’re often looking at what happened 90 days ago, not what’s happening now. And in a market that moves this fast, that timing makes a difference. Wat...