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…
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…
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…
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…
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…
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…
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…
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…
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…
Key Highlights: Inflation Inflation data has yet to show much of an impact from tariffs, as the consumer price index (CPI) was softer than expected again in May. On a year-over-year basis, core CPI was steady at 2.8% while the…
