A replay of the 2020 Cox Automotive Industry Insights Breakfast, held in Detroit on Monday, is available below. Cox Automotive Chief Economist Jonathan Smoke and his team shared their insights on how the automotive industry fared in 2019 and what they…
Auto sales in 2019 came in above the magic 17-million mark, according to our team at Kelley Blue Book, but just barely. Vehicle sales of 17,042,363 kept the streak alive, but that number includes medium duty pickups and exotic cars.…
A replay of the Q4 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented…
UPDATE, Jan. 3, 2020 — Even though December U.S. auto sales came in below forecast, it still appears we will finish near 17 million. With sales reporting day mostly in the rearview mirror, Cox Automotive industry analysts and experts share…
As we roll toward the end of 2019, the industry doomsayers have been quietly predicting the end of the happy days of 17-million-plus SAAR, and yet consumers continue to buy and lease cars at a rate contrary to these dire…
UPDATE, Dec. 18, 2019 – Fiat Chrysler Automobiles NV and PSA Group signed a binding agreement outlining a 50/50 merger of their businesses to create the fourth largest global automotive OEM and the third largest by revenue, according to a company statement.…
The top 10 new luxury and non-luxury retail models registered in the third quarter of this year continue to show a clear consumer focus on utility vehicles and pickup trucks. Of the top 10 luxury and top 10 non-luxury vehicles…
Sales of certified pre-owned (CPO) vehicles increased 15% year over year in November and were up 3% month over month compared to October. For the month, 237,467 CPO units were sold. This year CPO sales are up 4% versus 2018, growing…
Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchised and independent auto dealers from around the country, the Cox Automotive Dealer Sentiment Index (CADSI) measures dealer perceptions of current retail auto sales and sales…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.98% month-over-month in November. This brought the Manheim Used Vehicle Value Index to 138.9, a 0.1% decrease from a year ago, and the second consecutive year-over-year decline…
