Nearly 300,0001 new electric vehicles (EVs) were sold in the first quarter of 2025 in the U.S., according to the latest report from Kelley Blue Book, an increase of 11.4% year over year. Despite many obstacles — and what you may read elsewhere — electric-vehicle sales continue to grow at a healthy pace in the U.S. … Continued
A replay of the Q1 2025 Manheim Used Vehicle Value Index Call held on Monday, April 7, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a manager on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index, the major economic and industry trends that shaped … Continued
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is a decrease of 0.2% from a year ago and also lower than the February levels. The seasonal adjustment caused the index to decline for the … Continued
The Cox Automotive Economic and Industry Insights team reported on the U.S. auto market performance during the Q1 Industry Insights and Sales Forecast Call on Wednesday, March 26. As the call was taking place, everyone was keenly aware that the auto industry was one week from the “unthinkable,” as Chief Economist Jonathan Smoke called it: … Continued
A replay of the Cox Automotive Industry Insights and Forecast 2025 Call held on Wednesday, March 26, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team provided an update on the U.S. automotive market for the first quarter, covering the new, used and electrified markets with insights and data from Cox Automotive. The team also … Continued
Reliable data and smart insights are crucial for navigating the ever-changing market conditions of the dynamic auto industry. Fueled by the largest breadth of first-party data fed by 2.3 billion online interactions a year, the Cox Automotive Economic and Industry Insights team collects, analyzes and shares the best information possible. CAMIO 2025 The Cox Automotive Market … Continued
The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be hosted on Wednesday, March 26, at 11 a.m. EDT, shortly before the auto industry closes the book on the first quarter. In the upcoming webinar, Cox Automotive Chief Economist Jonathan Smoke, along with the Economic and Industry Insights team, will deliver an update … Continued
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle … Continued
Last month, new electric vehicle (EV) sales slightly declined but reached a record high for February, with luxury brands performing well. Used EV sales also declined month over month but grew significantly year over year. Days’ supply increased for both new and used EVs but remained significantly lower than the prior year. Pricing trends showed a … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped from February in the first 15 days of March. The mid-month Manheim Used Vehicle Value Index fell to 200.8, now showing a decline of 1.1% from the full month of March 2024. The seasonal adjustment worked against the March non-adjusted price increase. The … Continued