New-vehicle affordability improved slightly in June, reversing some of the deterioration following the announcement of new tariffs, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Tariffs remain a major headwind for vehicle affordability,” said Cox Automotive Chief Economist Jonathan Smoke. “Even with some trade relief, the added cost – up to $5,700 per imported … Continued
The cost of a new vehicle climbed higher in June, according to data released today by Kelley Blue Book, a Cox Automotive brand, but the average transaction price (ATP) increase was relatively mild and below the long-term average. New-vehicle sales incentives held mostly steady last month, increasing only modestly from May. The sales pace in … Continued
According to the latest report from Cox Automotive’s Kelley Blue Book team, sales of new electric vehicles (EVs) in the second quarter of 2025 were lower year over year by 6.3%, in line with the Cox Automotive forecast. A total of 310,839 new EVs were sold in the U.S, down from 331,853 in the same … Continued
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July showed little change month over month and remained largely unchanged compared to early July 2024. 2.21M Total UnsoldUsed Vehiclesas of June 30, 2025 45 Days’ Supply $25,512 Average Listing Price 73,003 Average Mileage As July opened, the … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in June1 decreased month over month compared to May. A total of 1.46 million used vehicles were sold at retail – from both franchised and independent dealers – during June, down 1.5% month over month and up 2.4% year over year. Days’ … Continued
In June 2025, the Dealertrack Credit Availability Index continued its upward trend, reflecting a second consecutive month of improved credit access. The All-Loans Index rose to 97.3, up from 96.5 in May, marking a 0.8-point increase month over month. This extends the broader run of loosening credit conditions that began in late summer 2024. The only notable interruption in this trend was … Continued
Everyone is hunting for clear evidence of higher prices on new vehicles driven by tariffs, and yet, the story just hasn’t materialized. Automakers continue to hold their fire on raising the manufacturer’s suggested retail prices (MSRPs) significantly as demand remains tepid and policy has yet to be solidified. New-vehicle inventory has started to grow as … Continued
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, as non-seasonally adjusted values fell … Continued
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