Tomorrow in Washington D.C., the U.S. Department of Commerce is scheduled to hold public hearings as part of their Section 232 investigation into the effects of imported automobiles and automobile parts. A range of witnesses from across the automotive industry are expected to testify. With a backdrop of trade and tariff discussions in the news, … Continued
Each month automotive industry experts from Cox Automotive and its brands host a sales day commentary call to provide insights into the previous month and to answer media questions related to market movement. The audio for the most recent call which covers the June selling month is available. Listen › Automakers reported June 2018 sales … Continued
The Federal Reserve today raised the official short-term rate policy by .25 points. The move by the Federal Reserve was widely expected, the result of continued strong economic growth combined with inflation reaching the Fed’s target. The Cox Automotive Industry Insights team continues to monitor interest rate trends, as higher rates and tighter credit are … Continued
Autotrader and Kelley Blue Book analysts are providing their thoughts on Tesla’s 9 percent reduction of its workforce. Michelle Krebs, executive analyst for Autotrader: “Tesla has signaled organizational changes in recent weeks and here it is. It is clear that Tesla is under tremendous pressure to finally turn a profit and is attempting to address … Continued
Each month automotive industry experts from Cox Automotive and its brands host a sales day commentary call to provide insights into the previous month and to answer media questions related to market movement. The audio for the most recent call which covers the May selling month is available. Listen › Automakers today reported May 2018 … Continued
Earlier today, senior leaders from a number of the global automakers met with President Trump and other officials at the White House to discuss fuel economy regulations and emission standards. As NHTSA and the EPA work to establish clear regulations for vehicle emissions going forward, gas prices in the USA continue to rise and the … Continued
The full extent of a recent fire at auto parts maker Meridian Magnesium Products of America in Eaton Rapids, Michigan, is beginning to come into view. The fire disrupted production at the plant and the ripple effect is now being felt by automakers across the country. Cox Automotive analysts offered the following insights and commentary. … Continued
This article was originally published in The Hill on May 8, 2018: https://thehill.com/blogs/pundits-blog/transportation/332358-google-sits-at-epicenter-of-auto-industrys-future To date, California has issued 30 Autonomous Vehicle Testing Permits to a variety of different companies pursuing the golden ring of self-driving capability. The list includes many well-known auto companies — Ford, General Motors, BMW, Honda — and the tech companies you’d … Continued
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.33 percent month-over-month in April. This brought the Manheim Used Vehicle Value Index to 132.5, which was a 6.3% increase from a year ago and the highest level since last November. Looking at trends in weekly Manheim Market Report (MMR) prices, the … Continued
Each month automotive industry experts from Cox Automotive and its brands host a sales day commentary call to provide insights into the previous month and to answer media questions related to market movement. The audio for the most recent call which covers the April selling month is available. Listen › Automakers reported April 2018 U.S. … Continued
