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
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
In May 2025, the electric vehicle (EV) market displayed a complex mix of growth and challenges. While new EV sales experienced modest monthly gains, year-over-year declines indicated broader industry pressures. Meanwhile, the used EV market continued its upward trajectory, driven by affordability and consumer confidence. Inventory levels, pricing trends and incentive strategies all reflected a … Continued
The Fed left monetary policy unchanged today at the conclusion of its fourth scheduled Federal Open Market Committee (FOMC) meeting of 2025. This was the fourth consecutive no-change decision this year, but this meeting featured souring forecasts with lower economic growth, higher inflation, and higher unemployment. Their median expectation remains for two rate cuts in … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased from May in the first 15 days of June. The mid-month Manheim Used Vehicle Value Index rose 1.7% to 208.7, showing a rise of 6.5% from the full month of June 2024. The weaker seasonal adjustment drove the higher result for the index, … Continued
New-vehicle affordability remained steady in May at the worst level this year, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “The U.S. economy remains fundamentally strong, but the recent tariffs have had a swift and measurable impact on vehicle affordability,” said Cox Automotive Chief Economist Jonathan Smoke. “After reaching the lowest affordability point of the year … Continued
