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
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in May compared to April. The Manheim Used Vehicle Value Index (MUVVI) declined to 205.2, representing a 4% increase from the same time last year and a 1.4% decline from April levels. The seasonal adjustment slightly lowered the decline seen in the … Continued
In April, the electric vehicle (EV) market faced several challenges, reflecting broader economic trends. New EV sales experienced a decline both month-over-month and year-over-year, although the market share in April saw a slight increase compared to March. Manufacturers had mixed results, with some reporting growth and others facing significant decreases. Meanwhile, the used EV market … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined from April in the first 15 days of May. The mid-month Manheim Used Vehicle Value Index fell to 205.9, showing a rise of 4.4% from the full month of May 2024. The seasonal adjustment lowered the reading of the index for the month, … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in April1 decreased month over month compared to March. A total of 1.57 million used vehicles were sold at retail – from both franchised and independent dealers – during April, down 3.6% month over month and up 11.6% year over year. Days’ … Continued
