Cox Automotive provides forecasts on the new and used vehicle markets, leasing, fleet and CPO sales, and the Manheim Used Vehicle Value Index. Updates to the full-year 2025 forecasts were announced during the Cox Automotive 2025 Mid-Year Review on June 25. The Economic and Industry Insights team reviews the forecasts quarterly and updates them as … Continued
Cox Automotive’s newest study on the Digitization of Automotive Retail reveals a continued acceleration in online retailing, AI adoption, and third-party integrations. Key highlights: – Dealers offering every purchase step online have doubled in two years. – Consumers and dealers agree digital retailing enhances efficiency—but both cite gaps in connecting online to in-store experiences. – AI use is … Continued
In May 2025, the electric vehicle (EV) market displayed a complex mix of growth and challenges. While new EV sales experienced modest monthly gains, year-over-year declines indicated broader industry pressures. Meanwhile, the used EV market continued its upward trajectory, driven by affordability and consumer confidence. Inventory levels, pricing trends and incentive strategies all reflected a … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased from May in the first 15 days of June. The mid-month Manheim Used Vehicle Value Index rose 1.7% to 208.7, showing a rise of 6.5% from the full month of June 2024. The weaker seasonal adjustment drove the higher result for the index, … Continued
New-vehicle affordability remained steady in May at the worst level this year, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “The U.S. economy remains fundamentally strong, but the recent tariffs have had a swift and measurable impact on vehicle affordability,” said Cox Automotive Chief Economist Jonathan Smoke. “After reaching the lowest affordability point of the year … Continued
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of June dropped slightly month over month. Still, inventory was relatively flat compared to early June 2024. 2.21M Total UnsoldUsed Vehiclesas of June 2, 2025 43 Days’ Supply $25,470 Average Listing Price 72,879 Average Mileage As June opened, the … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in May remained steady month over month compared to April. A total of 1.53 million used vehicles were sold at retail – from both franchised and independent dealers – during May, flat month over month and 4% higher compared to the … Continued
Despite news headlines suggesting the auto market would see more tariff-price increases by now, the new-vehicle market has largely remained stable. After hitting a peak in sales pace in April, the new-vehicle market has continued to slow from there. The market has returned to seasonal norms, including a typical bump in sales over the Memorial Day … Continued
According to new data released today from Cox Automotive’s Kelley Blue Book, the average new-vehicle transaction price (ATP) in May was mostly unchanged from April, as the new vehicle sales pace slowed. Key takeaways from the May report include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst, Cox Automotive “While tariff policy is … Continued
In May 2025, the Dealertrack Credit Availability Index showed a modest improvement in auto credit access across several key metrics. The All-Loans Index rose to 96.7, up from 95.5 in April, marking a 1.2-point increase month over month and continuing a gradual upward trend in credit availability. Dealertrack Credit Availability Index Auto loan access was up in May and up year over … Continued