Dealers and consumers in the U.S. should not see shortages of most models affected by the shortage of computer chips as there is ample vehicle inventory, according to a Cox Automotive analysis of vAuto Available Inventory data. The global shortage…
Nissan Motor reports financial results for Q3 FY 2020, the October-to-December 2020 quarter, on Tuesday, February 9, the third quarter of its fiscal year that ends March 31, 2021. Success in the U.S. is the centerpiece of Nissan’s four-year turnaround…
Honda Motor Co. of Japan reports financial results for Q3 FY 2021, the October-to-December 2020 quarter, on Tuesday, February 8, the third quarter for its fiscal year that ends March 31, 2021. Here are some data for the recently closed…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.23% month over month in January. This brought the Manheim Used Vehicle Value Index to 163.0, a 15.1% increase from a year ago. Manheim Market Report (MMR)…
In the summer of 2014, Alan Mulally retired from Ford Motor Company after successfully steering the automaker through a rough 8-year stretch, including the Great Recession. When CEO Mulally walked away, the company was profitable, and the Ford brand was…
Ford reports fourth-quarter and full-year 2020 financial results Thursday, Feb. 4, after the stock market closes. Analysts expect Ford to report a small loss, though they would not be surprised to see the automaker outperform forecasts. Ford already has warned…
January U.S. auto sales will be confirmed by many automakers on Tuesday, and the Cox Automotive Industry Insights team is forecasting healthy numbers. Our forecast, shared last week, calls for volume of approximately 1.1 million vehicles, down from a year ago, but moving at a good…
A whopping 2.9 million pickups were sold in the U.S. last year, making up roughly 20% of the entire auto market. While electric vehicles (EV) receive significant consumer and media attention, they remain a very small portion of new-vehicle sales…
Used-vehicle inventory and prices climbed throughout December, with the average list price smashing another record, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.68M Total Unsold Used Vehicles as of Dec. 1 55 Days’ Supply $22,087 Average…
We’ve said it before, and we’ll say it again: “It could have been worse.” With a solid second half and great effort by U.S. auto dealers, 2020 finished with sales of 14.5 million. Fleet took a beating, but retail sales stayed…
