Key Highlights Inflation and Vehicle Pricing Trends Inflation indicators signal modest increases, with vehicle prices showing varied movement across categories. Growing Consumer Credit Consumer credit excluding mortgages saw accelerating growth in October, according to the latest report from the Federal Reserve. Improved Auto Credit Availability Access to auto financing improved significantly in November, driven by … Continued
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
Cox Automotive experts are here to help you make the most of NADA2025 and the year ahead. During this past year, the Research and Market Intelligence team at Cox Automotive connected with thousands of consumers and dealers on a variety of topics impacting the automotive industry. From affordability to electrification to car buying and more, … Continued
Key Highlights Economic Labor Trends Steady job growth was witnessed in November as the job market recovered from Hurricane Milton’s disruptions in October, indicating a stable labor market environment. New-Vehicle Sales and Prices The new-vehicle SAAR greatly improved in November, reaching the best level since May 2021. Used-Vehicle Sales and Prices The used-vehicle market experienced … Continued
Key Highlights GDP The increase in third-quarter real GDP was unchanged at 2.8%, reflecting steady economic growth. Personal Income and Spending Consumer spending growth decelerated in October as expected, while personal income growth accelerated and was much stronger than expected. Inflation The Personal Consumption Expenditure Index (PCE), the key gauge of inflation that the Fed … Continued
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
Key Highlights Residential Construction Offers Mixed Signals The latest housing market data highlights declining trends in residential construction, reflecting potential headwinds for auto sales recovery. Existing Home Sales Show Resilience Amid Rising Inventories Existing home sales provide some optimism, delivering stronger-than-expected growth in October. Labor Market Faces Challenges Amid Rising Claims Employment data signals ongoing … Continued
Key Highlights Inflation Rises The auto industry is experiencing price dynamics influenced by inflation trends. Retail Sales Increase The auto sector showed robust performance in retail sales, outpacing the broader market. Auto Loan Performance Remains Weak Auto credit is likely to remain tight because auto loan performance continues to be weak. Consumer Sentiment Improves The … Continued
Cox Automotive experts are here to help you make the most of NADA2025 and the year ahead. In the first installment of our new “Expert Outlooks” series, Jonathan Smoke, SVP & Chief Economist, shares his unique perspective on the themes that shaped 2024 and why he is optimistic about next year.
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
