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4 min read
Cox Automotive Forecast: New-Vehicle Sales In May Expected to Jump By 20% As Inventory Concerns Fade May 2023 New-Vehicle Sales Forecast Highlights The annual new-vehicle sales pace in May is expected to finish near 14.9 million, up 2.3… Read Article
5 min read
Cox Automotive Auto Market Report: May 23rd The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view… Read Article
3 min read
Hybrids Still Dominate Electrified Vehicle Shopping, According to Kelley Blue Book Despite the massive attention on electric vehicles and new tax credits for them, hybrid vehicles continue to be more popular among vehicle… Read Article
3 min read
Dealership Service Revenue and Ticket Volume Decreased in April, according to Xtime Metrics A recent analysis by Cox Automotive of Xtime metrics revealed that service activity and revenue at franchised dealerships in the U.S. decreased… Read Article
3 min read
Auto Credit Availability Tightened in 2022 Auto credit access tightened in 2022 as a slowing economy, deteriorating auto loan performance and tighter monetary policy led to a reversal… Read Article
5 min read
Auto Market Weekly Summary: May 22 Retail sales increased slightly in April from March but were down from a year ago. Half of the major categories are down… Read Article
1 min read
Manheim Market Insights Series: Episode 9 Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of economic and industry insights at Cox Automotive, offers a… Read Article
5 min read
Q1 2023 Kelley Blue Book Brand Watch Luxury Report: SUV Shopping Hit Record High; Cars Slumped to New Low Almost three-quarters of luxury vehicle shoppers considered an SUV in the first quarter, according to the Kelley Blue Book Brand Watch™ report… Read Article
4 min read
Wholesale Used-Vehicle Prices See Decrease in First Half of May Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 2.1% from April in the first 15 days of May.… Read Article
6 min read
Q1 2023 Kelley Blue Book Brand Watch Non-Luxury Report: Chevrolet Gains on Toyota in Shopping; Truck Consideration Soars Chevrolet gained on Toyota in shopping, and pickup truck consideration soared to record highs, according to Kelley Blue Book Brand Watch™ report… Read Article