Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the 2023 Industry Insights and Sales Forecast Call. Thursday, January 12 11 a.m. EST. As a new year dawns for the automotive industry, the team will give a deep dive into the economy and auto … Continued
Welcome to the monthly Manheim Market Insights update. This month, Mark Schirmer. director of Corporate Communications at Cox Automotive, is filling in for Kevin Chartier, vice president of Manheim Market Insights, who is retiring from Manheim. In January, Jeremy Robb, senior director of Business Intelligence, will be picking up the narrative for this monthly check-in … Continued
My daughter and I love staring contests. Our rules are the same as everyone’s—whoever blinks first loses. Lately, I’ve sensed a similar staring contest emerging in the new car business between consumers, dealers, and automakers. The question is who will blink first? Before 2020, when dealership lots were overflowing with new-vehicle inventory, manufacturers were always … Continued
The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format. In Episode 8, Cox Automotive Research Manager Rebecca Rydzewski is joined by Executive Analyst Michelle Krebs and Research Manager Quentin … Continued
Welcome to the monthly Manheim Market Insights update. This monthly video is content offered by Kevin Chartier, vice president of Manheim Market Insights. In this video, Chartier shares a few of his thoughts on what we are seeing in the used wholesale and retail markets; all through the wide lens of data available from Cox … Continued
The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format. In Episode 7, Cox Automotive Executive Analyst Michelle Krebs is joined by Research Manager Rebecca Rydzewski, Research Manager Quentin Wallace … Continued
Shopping for Tesla plummeted in the third quarter, losing more consideration than any other luxury brand, according to the Kelley Blue Book Brand Watch™ report for luxury vehicles. BMW widened its lead as the most-shopped luxury brand. The Kelley Blue Book Brand Watch report is a consumer perception survey that also weaves in consumer shopping … Continued
Toyota, with one of the lowest inventory levels in the U.S. industry, widened its lead in shopping consideration over Ford and Chevrolet in the third quarter, according to the most recent Kelley Blue Book Brand Watch™ report on non-luxury shopping. Due in part to high gas prices, shopping for traditional cars, of which Toyota has … Continued
The fall is one of the best times of the year for sports fans: the World Series, NFL and college football, and the beginning of the NBA basketball season. And fans can’t miss the steady stream of automotive commercials during every TV time-out. The one question on the minds of today’s new-car shoppers watching these … Continued
Leasing is an important financing option for potential shoppers in the new-vehicle market. New vehicles financed through an auto loan generally have a higher monthly payment. Thus leasing provides an affordable “bridge” to new vehicles for people who cannot afford to purchase outright. Additionally, leasing has been an important option for potential buyers who … Continued