Toyota Motor reported financial results for Q3 FY 2020, the October-to-December 2020 quarter, on Wednesday, February 10, the third quarter of its fiscal year that ends March 31, 2021. Toyota executives in the U.S. promised the automaker would end calendar…
In January, 153,372 total fleet units were sold, compared to 165,713 in December. Combined sales into large rental, commercial, and government buyers were down 26% year over year in January. Government units were down 21% year over year, on a…
General Motors reports fourth-quarter and full-year 2020 financial results on Wednesday, February 10. Despite the pandemic, GM’s profit in comparison to last year should be favorable. Third- and fourth-quarter earnings in 2019 were clobbered by a 40-day strike by the…
Dealers and consumers in the U.S. should not see shortages of most models affected by the shortage of computer chips as there is ample vehicle inventory, according to a Cox Automotive analysis of vAuto Available Inventory data. The global shortage…
Nissan Motor reports financial results for Q3 FY 2020, the October-to-December 2020 quarter, on Tuesday, February 9, the third quarter of its fiscal year that ends March 31, 2021. Success in the U.S. is the centerpiece of Nissan’s four-year turnaround…
Honda Motor Co. of Japan reports financial results for Q3 FY 2021, the October-to-December 2020 quarter, on Tuesday, February 8, the third quarter for its fiscal year that ends March 31, 2021. Here are some data for the recently closed…
The downward trend in new daily COVID-19 cases continues. Improving conditions are leading to rollbacks of restrictions. Economic activity and employment should improve as a result. Job gains small: January only saw meager gains in jobs, but the declining trend…
This special newsroom provides a centralized hub to access all of the announcements from Cox Automotive brands related to NADA Show 2021 and AFSA 2021 Vehicle Finance Conference. Press Release Schedule Date/Time* Brand PR Contact Announcement Assets Feb. 8/8 a.m. Xtime…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.23% month over month in January. This brought the Manheim Used Vehicle Value Index to 163.0, a 15.1% increase from a year ago. Manheim Market Report (MMR)…
In the summer of 2014, Alan Mulally retired from Ford Motor Company after successfully steering the automaker through a rough 8-year stretch, including the Great Recession. When CEO Mulally walked away, the company was profitable, and the Ford brand was…
