The automotive industry has been significantly influenced by new tariffs over the past month. During a 100-day rally in Michigan, President Trump highlighted the achievements of the tariff initiative and provided new policy clarifications, bringing some relief to automakers and parts suppliers. These tariffs have been a pivotal topic since the early days of the … Continued
As April comes to a close, the pressing question on everyone’s mind is what impact the newly implemented auto tariffs have had on the retail and wholesale auto market. Everyone in the industry has been closely watching the effects of these tariffs, and the anticipation has been significant. To get a clearer picture, we turned … Continued
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle … Continued
We have all seen the celebrations where blindfolded participants swing wildly at piñatas, breaking them open, so the treats tumble to the floor. In Washington, DC, and in some states, it seems like politicians, without blindfolds, are taking turns treating the auto industry like a piñata, until their earnings hit the floor. The Inflation Reduction … Continued
A replay of the Q1 2025 Manheim Used Vehicle Value Index Call held on Monday, April 7, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a manager on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index, the major economic and industry trends that shaped … Continued
It’s on! As our Chief Economist Jonathan Smoke feared, the “unthinkable” has happened. New automotive-specific tariffs of 25% on all imported vehicles are now in place. Finished automobiles are no longer flowing freely across North America, and key automotive free trade agreements have been scrapped. This significant shift in the automotive landscape is already creating … Continued
The Cox Automotive Economic and Industry Insights team reported on the U.S. auto market performance during the Q1 Industry Insights and Sales Forecast Call on Wednesday, March 26. As the call was taking place, everyone was keenly aware that the auto industry was one week from the “unthinkable,” as Chief Economist Jonathan Smoke called it: … Continued
Earlier this year, we unveiled the 15th edition of the Cox Automotive Car Buyer Journey Study. For 15 years, we’ve been tracking the twists and turns in the car buying journey focusing on new- and used- vehicle buyers. From the get-go, we’ve invested in this annual study not just to guide our strategy here at … Continued
A replay of the Cox Automotive Industry Insights and Forecast 2025 Call held on Wednesday, March 26, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team provided an update on the U.S. automotive market for the first quarter, covering the new, used and electrified markets with insights and data from Cox Automotive. The team also … Continued
The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be held today, March 26, at 11 a.m. EDT. The presentation is available for download. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team will provide an update on the U.S. automotive market for the first quarter, covering the new, used and electrified markets with insights … Continued