Cox Automotive Dealer Sentiment Index: U.S. Auto Dealers See Market Weakness in Q4, Driven by the Economy and High Interest Rates; Market Outlook Lowest in Survey History

News Press Releases 6 min read

ATLANTA, Dec. 7, 2022 – U.S. automobile dealer sentiment in the fourth quarter of 2022 dropped to the lowest level since the start of the COVID-19 pandemic, according to the Cox Automotive Dealer Sentiment Index (CADSI). At 43, the current market index is below the threshold of 50, indicating that more dealers view the current auto market … Continued

Cox Automotive Monthly Industry Update Video Series – Episode 7

1 min read

The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format.  In Episode 7, Cox Automotive Executive Analyst Michelle Krebs is joined by Research Manager Rebecca Rydzewski, Research Manager Quentin Wallace … Continued

A Breakdown of U.S. Auto Industry Performance in October with Charlie Chesbrough

News 1 min read

CBT News, Nov. 16, 2022 – New-vehicle sales volume has been stuck around the 1.1 million mark for several months. On today’s Inside Automotive, Charlie Chesbrough, senior economist and senior director of industry automotive of Cox Automotive, shares his take on how the U.S auto industry fared in October of 2022. “The October sales were a … Continued

Cox Automotive Monthly Industry Update Video Series – Episode 6

1 min read

The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format.  In Episode 6, Cox Automotive Executive Analyst Michelle Krebs is joined by Research Manager Rebecca Rydzewski, Research Manager Quentin Wallace … Continued

Q3 2022 Manheim Used Vehicle Value Index Call Replay Available

1 min read

A replay of the Q3 2022 Manheim Used Vehicle Value Index Call held on Friday, October 7, is available below. Cox Automotive Chief Economist Jonathan Smoke and Chris Frey, senior manager of economic and industry insights for Cox Automotive, discussed the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. Smoke … Continued

Cox Automotive Mobility White Paper Expresses EV Optimism Despite Supply Chain Challenges

News Press Releases 4 min read

ATLANTA, Oct. 5, 2022 – While vehicle electrification continues to make strides, the lingering effects of the pandemic, the soaring cost of raw materials and geopolitical challenges have contributed to supply chain disruptions that have slowed widespread electric vehicles (EV) growth in the U.S. This perfect storm of bottlenecks outlined in Cox Automotive Mobility’s latest EV … Continued

Q3 2022 Industry Insights and Sales Forecast Call Replay Available

1 min read

A replay of the Cox Automotive Q3 2022 Industry Insights and Sales Forecast Call held on Wednesday, September 28, is available below. Cox Automotive Chief Economist Jonathan Smoke and our Industry Insights team provided a deep dive into the economy and auto industry – the new, used and wholesale vehicle markets for the third quarter. The Cox Automotive September … Continued

Who’s Ready for a Return to the Good Ol’ Days? Not the CFOs.

4 min read

Over the years, the auto industry has always had a healthy tension between the sales vice presidents and the chief financial officers. Sales executives were bonused on share gains, while the finance teams were bonused on profit. This led to a never-ending battle over how much incentive money was necessary to meet sales objectives. Each … Continued

Automation and the Future of Automotive Retail

4 min read

As consumer comfort with online car buying accelerates and retailers drive for more efficient operations, digital retailing solutions are being embraced. Innovation within financing and titling, critical enablers of the digital car buying experience, began more than 20 years ago. Predictive models evolved that help lenders set parameters that facilitate improved loan decisioning. The creation … Continued

Cox Automotive Monthly Industry Update Video Series – Episode 5

1 min read

The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format.  In Episode 5, Cox Automotive Executive Analyst Michelle Krebs is joined by Senior Manager of Economic and Industry Insights Chris … Continued