Automakers are trying to fund a software-heavy future with vehicles that regular buyers increasingly cannot afford.

Today’s episode breaks down 2.82 million vehicles sitting in new-car supply, Jeep carrying roughly twice the industry average days supply while holding incentives to 6.7%, used EV wholesale values rising 12.4%, Honda killing the Prologue after a 49% sales drop, and Japanese rivals exploring shared parts to fund expensive digital systems like Google Gemini.

Today's Key Headlines

~New-vehicle supply sits around 2.82 million units, or roughly 80 days

~Average new-vehicle listing prices reach $49,336

~Jeep carries roughly twice the industry average days supply while keeping incentives at 6.7%

~Used EVs rise to more than 4% of units influencing the Manheim index, with values up 12.4% year over year  ...