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Auto Credit Access Climbs for Third Straight Month in July, Driven by Higher Approvals and Competitive Rates

In July 2025, the Dealertrack Credit Availability Index continued its upward trend, reflecting a third consecutive month of improved credit access. The All-Loans Index rose to 98.1, up from 97.1 in June, marking a 1.0-point increase month over month. This extends the broader run of loosening credit conditions that began in late summer 2024. The … Continued

Wholesale Used-Vehicle Prices Decrease in July

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in July compared to June. The Manheim Used Vehicle Value Index (MUVVI) declined to 207.4, which is still an increase of 2.9% from a year ago, while lower than June levels by 0.5%. The seasonal adjustment muted the results for the month, … Continued

The Trump Tariff Stance Has Shifted. Where Are We Now?

It’s been four months since President Trump announced his administration’s new tariff plans for the auto market, and the impacts are already being felt far and wide. As we’ve noted, the automotive industry is highly globalized, with nearly half of the vehicles sold in the U.S. manufactured outside of the U.S. The most challenging aspect … Continued

Cox Automotive Auto Market Report: August 5

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

Auto Market Weekly Summary

Hiring stalls out, inflation ticks up, but real consumer spending remains positive The first estimate of second-quarter real GDP growth showed a sharp rebound as seasonally adjusted annualized growth was 3.0% following a decline of 0.5% in the prior quarter. The increase was driven by a collapse in imports so was again more of an … Continued

Consumers With Good Credit Are Seeing Lower Rates Despite No Change in Fed Rate Policy

The Federal Reserve left monetary policy unchanged today at the conclusion of its fifth scheduled Federal Open Market Committee (FOMC) meeting of 2025, which represented the fifth straight no-change decision. The policy statement and commentary from Fed Chair Jerome Powell haven’t changed much. Still, this decision featured dissension, and that alone suggests that if data … Continued

Cox Automotive Signs Intent to Acquire Bel Air and Tallahassee Auto Auctions from BSC America

ATLANTA – July 29, 2025 – Cox Automotive has signed an agreement with BSC America (BSC) indicating the intent to acquire its Bel Air Auto Auction near Baltimore, Maryland and Tallahassee Auto Auction in Tallahassee, Florida. The agreement is expected to close in the coming weeks, at which time the two auctions will become part … Continued

Cox Automotive Forecast: New-Vehicle Sales Return to a Slower Pace in July, With Little Upside Expected in Second Half

Updated, Aug. 4, 2025 – July new-vehicle sales finished stronger than expected and beat the Cox Automotive forecast. Sales volume last month was higher year over year by 6.6% percent, helped in part by a good month for fleet sales, which are estimated to have increased more than 8% over July 2024. Cox Automotive had … Continued

Auto Market Weekly Summary

Key Highlights: Home Sales This week was a light week for important economic data releases, with primarily June data on home sales, which unsurprisingly indicated little change in trend on a down market. With existing home sales decreasing and new home sales increasing only slightly in June, total home sales declined 2.3% for the month … Continued

Cox Automotive Auto Market Report: July 22

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