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Worst of the New-Vehicle Inventory Crunch Has Passed

The worst of the new-vehicle inventory crunch appears to be over, according to a Cox Automotive analysis of vAuto Available Inventory data. Auto plants have ramped up and are re-filling the product pipeline, causing new-vehicle supply to vastly improve from…

Never Waste a Crisis: Nissan Attacks Incentive Complexity

Measured by sales, Nissan has had a pretty terrible year so far. Across their portfolio of cars, trucks and SUVs, there’s hardly a bright spot, and at the end of the third quarter, Nissan sales were off 37.6% year to…

Cox Automotive Analysis: Quarterly Nissan U.S. Market Performance

Struggling Nissan Motor reports financial results for Q2 FY 2021, the July-to-September quarter, on Thursday, Nov. 12, marking the midway point for its fiscal year that ends March 31, 2021. Nissan CEO Makoto Uchida hinted the quarter may be much…

Large Dealer Groups Underperformed Market Yet Saw Phenomenal Financial Performance in Q3

The gap between same-store unit sales of new- and used-vehicles shrank in Q3, according to the largest players in the auto industry: franchised dealer groups. Compared to Q2, large dealer group new-vehicle sales improved by 13% while used-vehicle sales improved…

Wholesale Prices Show Seasonal Strength in October

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.47% month over month in October. This brought the Manheim Used Vehicle Value Index to 161.9, a 15.4% increase from a year ago. The non-seasonally adjusted (NSA)…

Cox Automotive Analysis: Honda’s Q2 FY2021 U.S. Market Performance

Honda Motor Co. of Japan reports financial results for Q2 FY 2021, the July-to-September quarter, on Friday, Nov. 6, marking the midway point for its fiscal year that ends March 31, 2021. Honda swung to a loss in the previous…

October Fleet Sales Trend Upward, Continue Year-Over-Year Improvement

Month-over-month improvement continued in October with 132,560 total fleet volume sales up from 124,930 in September. Combined rental, commercial and government purchases of new vehicles were down 27%, or 49,649 units, year over year in October. Government units were up…

Cox Automotive Analysis: Toyota’s Q2 FY2021 U.S. Market Performance

Toyota Motor reports financial results for the July-to-September quarter (Q2 FY 2021) on Friday, Nov. 6, marking the midway point for its fiscal year that ends March 31, 2021. After the last two profitable quarters, though soft ones, Toyota will…

Cox Automotive Analysis: GM’s Q3 2020 U.S. Market Performance

General Motors reports third-quarter 2020 financial results Thursday, Nov. 5. If the better than expected results of Ford and Fiat Chrysler are any indication, GM should have a good quarter – on the strength of trucks and SUVs. Analysts predict…

There’s No Blue or Red When It Comes to How Consumers Buy Cars

We know there are differences by political party affiliation when it comes to what type of vehicle people buy. The Cox Automotive Digital Retailing team took a quick look at some recent data on how people are buying cars to…