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1 min read
Register Today: Cox Automotive Q1 2023 Industry Insights and Sales Forecast Call Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the Q1… Read Article
4 min read
Fed Raises, Effectively Doubling Down on Credit Tightening While the main possibilities for action at this meeting boiled down to no raise and raising a quarter point, the Fed opted… Read Article
1 min read
Manheim Market Insights Series: Episode 7 Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of economic and industry insights at Cox Automotive, offers a… Read Article
2 min read
Service Activity and Revenue Move in Different Directions in February, according to Xtime Metrics The latest Cox Automotive analysis of Xtime metrics shows that service activity decreased and service revenue increased month over month in February… Read Article
7 min read
Auto Market Weekly Summary: March 20 Year-over-year inflation in aggregate declined modestly in February, but core inflation increased. Retail sales declined in February as auto sales and sales… Read Article
4 min read
Wholesale Used-Vehicle Prices See Increase in First Half of March Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.8% from February in the first 15 days of March.… Read Article
3 min read
Spring Selling Season Kicks Off Early With Used-Vehicle Supply Low The supply of used vehicles is lean as the spring selling season kicked off early and briskly this year, according to the… Read Article
3 min read
New-Vehicle Affordability Improved Again in February New-vehicle affordability improved again in February following modest improvement in January, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. All factors helped… Read Article
5 min read
February New-Vehicle Inventory Climbed While Sales Grew and Prices Retreated New-vehicle supply closed February higher than it ended January despite surprisingly strong sales, according to Cox Automotive’s analysis of vAuto Available Inventory… Read Article
2 min read
Estimated Monthly Used-Vehicle SAAR and Volume Total used-vehicle sales in February are estimated to be near 3.2 million units, up 3% from February 2022. The seasonally adjusted annual… Read Article