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Q1 2021 Manheim Used Vehicle Value Index Call Replay Available

A replay of the Q1 2021 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economic and industry insights for Cox Automotive, is available below. Scott Maybee, president, NextGear Capital,…

Hot Auto Market Sends Wholesale Vehicle Prices Soaring to Record High

ATLANTA (April 7, 2021) – Wholesale used-vehicle prices on a mix-, mileage-, and seasonally-adjusted basis increased 5.87% month over month in March. This brought the Manheim Used Vehicle Value Index to 179.2, a 26.2% increase from a year ago and a…

Wholesale Prices Jump to Record High With Spring Bounce

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 5.87% month over month in March. This brought the Manheim Used Vehicle Value Index to 179.2, a 26.2% increase from a year ago and a record high…

Cox Automotive Auto Market Report: April 6

After a year’s worth of videos tracking the COVID-19 pandemic’s impact on the auto market, we are launching a biweekly Auto Market Report video series focusing on data and insights that provide a holistic view of the auto industry. Chief…

Auto Market Weekly Summary

The trend in new daily COVID-19 cases continued to increase as new variants spread. Vaccination progress accelerated, and we passed a critical milestone of more than 100 million Americans having received at least one shot of a vaccine.  The severe…

Cox Automotive Commentary: March and Q1 2021 U.S. Auto Sales

Auto sales for the first quarter of 2021 are coming in slightly above the Cox Automotive forecast, driven in part by strong March results to close out the quarter. Our final tally will be counted in the coming days. Please find below…

DAILY DRIVE PODCAST: Forecast: A mostly sunny spring for the industry

Automotive News, April 1, 2021 – Daily Drive is a daily podcast that provides updates during the coronavirus outbreak. Automotive News Publisher Jason Stein speaks with industry experts, insiders and Automotive News reporters about how the coronavirus outbreak is impacting…

Dealer Advantage: How to Offer Flexibility to Car Shoppers and Maximize Profits​

CBT News, March 31, 2021 – In the premiere episode of the ‘Dealer Advantage’ series, Lori Wittman, senior vice president of Dealer Software Solutions, Cox Automotive and Kevin Frye, marketing director for Jeff Wyler Automotive Family, discuss what dealers are doing…

With Inventory Tight In Q1, Incentive Program Volume Count Is Lower As Well

Incentive program volume in Q1 2021 was down 13.9% from Q1 2020, as tight inventories and healthy demand helped keep the market moving. Program volume – a count of the number of vehicle incentive programs offered by the automakers – was at an all-time…

Cox Automotive Q1 2021 U.S. Auto Sales Webcast Replay Available

During the Cox Automotive Q1 2021 U.S. Auto Sales webcast held on Monday, March 29, Cox Automotive Chief Economist Jonathan Smoke was joined by Charlie Chesbrough, senior economist, and others to provide a deep dive into the economy and U.S.…