UPDATED, Nov. 3, 2021 – With new-vehicle inventory levels hovering around 1 million units in October, less than half the level of one year ago, the Cox Automotive Industry Insights team forecasted another month of relatively slow new-vehicle sales in…
Stellantis reports third-quarter 2021 financial results on the morning of Thursday, October 28. The earnings of the company formed early this year with the combination of PSA Group (Peugeot) and Fiat Chrysler will reflect the impact of the global computer…
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable…
General Motors reports third-quarter 2021 financial results on the morning of Wednesday, October 27. The results will reflect GM’s production and inventory challenges due to the global computer chip shortage that cut into sales. In the U.S., which accounts for…
Ford reports third-quarter 2021 financial results after the stock market closes on Wednesday, Oct. 27. The results will show the continued impact of the production disruptions caused by the global computer chip shortage. Ford was hit early by the chip…
The third quarter of 2021 ended a few weeks back, and the Cox Automotive team is still sifting through data to help showcase how the market performed. In the U.S., six major automakers accounted for 74.7% of the total Q3…
Existing home sales increased more strongly than expected in September and reached the highest pace of sales since January. The trend in new daily COVID-19 cases declined again last week as did new and continuing jobless claims, which fell to…
During the Q3 2021 Manheim Used Vehicle Value Index call held earlier this month, we covered a significant amount of material. The Q&A session was robust, which we appreciate, and we ran out of time due to the volume of…
Revised, Nov. 22, 2021 – Used-vehicle inventory improved modestly in September as the average listing price kept climbing, now approaching nearly $27,000, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.28M Total UnsoldUsed Vehiclesend of September 42…
While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book. In fact, more than…
