Key Highlights: Employment The employment report for June was better than expected. The report did not indicate any problems with mounting job losses, but labor force participation and wage growth were both down, indicating that workers do not have much bargaining power. New-Vehicle Sales The new-vehicle seasonally adjusted annual rate (SAAR) declined in June, just … Continued
On June 25, the 2025 Cox Automotive Leadership Roundtable Sessions were held at the Automotive Hall of Fame in Dearborn, MI, in front of an audience of media, analysts and industry influencers. Following the Cox Automotive Mid-Year Review, the three 30-minute sessions focused on the auto industry’s most important topics and showcased how Cox Automotive is … Continued
Key Highlights: GDP The decline in real GDP in the first quarter was revised to a larger 0.5% decline in the third and final estimate, but the decline was mainly an accounting technicality based on surging imports. Personal Income and Spending Consumer spending decelerated to a decline in May. Year-over-year measures of inflation, which the … Continued
A replay of the Cox Automotive 2025 Mid-Year Review held on Wednesday, June 25, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Economic and Industry Insights team provided an update on the U.S. automotive market for the first half of the year, covering the new, used and electrified markets with insights and data from Cox Automotive. The … Continued
Updated, July 2, 2025 – In the first half of 2025, the new-vehicle market showed strong momentum, with sales significantly outpacing last year. Preliminary estimates indicate that new-vehicle sales in June closely aligned with the Cox Automotive forecast, as the final month of the first half marked sales of 1.25 million units and a seasonally … Continued
The Cox Automotive 2025 Mid-Year Review will be held today, June 25, at 11 a.m. EDT. The presentation is available for download. Cox Automotive Chief Economist Jonathan Smoke and the Economic and Industry Insights team will provide an update on the U.S. automotive market for the first half, covering the new, used and electrified markets with insights and data … Continued
Cox Automotive’s newest study on the Digitization of Automotive Retail reveals a continued acceleration in online retailing, AI adoption, and third-party integrations. Key highlights: – Dealers offering every purchase step online have doubled in two years. – Consumers and dealers agree digital retailing enhances efficiency—but both cite gaps in connecting online to in-store experiences. – AI use is … 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
The Cox Automotive Mid-Year Review occurred on Wednesday, June 25, at 11 a.m. EDT. A replay is now available. The Cox Automotive Mid-Year Review will be hosted on Wednesday, June 25, at 11 a.m. EDT, shortly before the auto industry closes the book on the first half of the year. Join us for the Cox Automotive 2025 Mid-Year Review hosted by Chief … Continued
Key Highlights: Retail Sales Retail sales in May declined more than expected, driven mainly by declining vehicle sales. Adjusting for inflation, retail sales were still higher year over year. New Construction Residential construction declined in May as permits and starts both fell. Multi-family shows more promise for near-term growth. The Fed The Fed remains on … Continued
