Total used-vehicle sales in May are estimated to be near 3.18 million units, down 16% from May 2021, according to Cox Automotive. The seasonally adjusted annual rate (SAAR), or sales pace, is estimated to be near 36.8 million, down from last May’s 44.0 million level but above April’s revised 34.7 million pace. Used retail sales … Continued
Certified pre-owned (CPO) sales in May fell to 208,423 units, down 7% from April’s 223,999 unit sales and down over 22% from May 2021. May’s CPO sales result is the lowest since February and halts four straight months of increases. MAY 2022 CPO SALES Leveraging a same-store set of dealerships selected to represent the country … Continued
Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 8.7% month over month in May to 141,047 units, according to an early estimate from Cox Automotive. May 2022 Fleet Sales Combined sales into large rental, commercial, and government fleets decreased 16.1% from May 2021. Sales into government fleets were up 5.9% … Continued
The Cox Automotive Economic and Industry insights team’s goal is to help automotive industry stakeholders make the best decisions for the future. The 2022 Cox Automotive Market Insights & Outlook flipbook makes accessing key data and insights easy. This digital format allows readers to quickly find what they are looking for and can be downloaded as a PDF and … Continued
Certified pre-owned (CPO) sales in April rose to 223,999 units, up 2% from March’s 219,360. April’s CPO result is the highest since September 2021 and is the fourth straight uptick this year. However, CPO sales are down 14% year over year. APRIL 2022 CPO SALES Leveraging a same-store set of dealerships selected to represent the … Continued
Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 12% month over month in April to 154,654 units, according to an early estimate from Cox Automotive. APRIL 2022 FLEET SALES Combined sales into large rental, commercial, and government fleets increased 4% from April 2021. Sales into commercial fleets in April saw … Continued
Certified pre-owned (CPO) sales in March rose to 219,360 units. This total is up 14.3% from February’s 191,860, but down nearly 23.3% from March 2021. March’s CPO result is the highest since September 2021 and is the third straight uptick this year. MARCH 2022 CPO SALES Used-vehicle sales in March were down nearly 12% from one … Continued
Sales into large fleets decreased nearly 4% month over month in March to 176,322 units, after an improvement in February, and remained down more than 11% year over year. Rental fleet sales volume remains low and sales into government fleets saw a modest decline. Meanwhile, sales into commercial fleets in March saw an impressive gain … Continued
Certified pre-owned (CPO) sales in February rose to 191,860 units. This total is up 15.3% from January’s 166,309, but down nearly 8.5% from February 2021. February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend. CPO sales have been in decline since having strong sales in Q2 and Q3 of … Continued
Sales into large fleets increased 27% month over month in February to 124,507 units, the highest volume in the past seven months, but remained down year over year. Rental fleet sales volume remains extremely low while commercial and government both saw modest year-over-year gains last month. FEBRUARY 2022 FLEET SALES Combined sales into large rental, … Continued