That’s what I thought also. Was a thread a few years ago on another board on the subject.
Sites like wardsauto and autonews track unsold inventory. Industry wide, inventories are trending down.
GM and Chrysler have high overall inventories from ‘stuffing the pipeline’.
A few other companies like Mitsubishi and Volvo have big supply just due to slow sales.
Most other companies are doing fine, with BMW, Audi and Subaru especially short on inventory.