CBT News, Nov. 17, 2020 – There have been many ups and downs throughout 2020 for the automotive industry. Dealers are coming off an incredible Q3, but will it carry over through Q4 and into the new year? Cox Automotive Chief Economist…
Last month, and following the established projections at the time, I posted initial thoughts on how a Biden administration, supported by a blue wave of Democratic support in both the Senate and the House, would influence the auto industry and…
Daily new COVID-19 cases continue an upward trend that is producing records. We saw more than 121,000 last Thursday and at this pace could see 200,000 by Thanksgiving. Hospitalizations are also at new records. The job recovery continues, but the…
Not much was expected from today’s Federal Reserve announcement given the yet settled outcome from the election. The key items of interest were about expectations for the economy, any new guidance on rates long term, and any new insights into…
Daily new COVID-19 cases continue an upward trend that is producing records. We are likely to see a new record of 100,000 daily cases soon. The third quarter saw a historic rebound in economic growth, but the economy is still…
My team and I have been relentlessly following the economy and the auto industry throughout this year, providing weekly video updates and useful analysis to help shed light on what’s happening in the market. Through the ongoing pandemic, we carefully…
Daily new COVID-19 cases continue an upward trend. As the month closes, we are seeing a new record set in daily cases, hitting the milestone of 80,000 a day over the weekend. In economic news, housing construction and home sales…
Daily new COVID-19 cases continue an upward trend. The growth continues to accelerate and is creating higher hospitalizations as well. In terms of economic impact, overall inflation remains subdued while retail sales were stronger than expected Inflation in check: Headline…
The automotive market has been incredibly resilient during this pandemic, but credit is likely to become more challenging in the months ahead, especially as Congress has failed to pass a much-needed additional stimulus package. The Coronavirus Aid, Relief, and Economic…
As the fall progresses, the trends for COVID-19 are worrisome. Daily new COVID-19 cases continue an upward trend. The case growth is accelerating and causing higher hospitalizations as well. The impact on the economy continues. Consumer sentiment has been bumpy,…
