ATLANTA, July 28, 2020 – The vehicle market is expected to show modest month-over-month improvement in July, but the growing number of COVID-19 cases and overall economic uncertainty continue to stifle a more robust recovery. According to a forecast released…
Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by…
Cox Automotive is conducting ongoing research to understand the evolving impact of COVID-19 on U.S. consumers’ and dealers’ attitudes and behaviors. The COVID-19: Consumer and Automotive Dealer Impact Study addresses COVID-19 awareness, familiarity and level of concern, the impact on…
General Motors reports second-quarter 2020 financial results on Wednesday, July 29. Like most other automakers, GM is expected to post a loss due to the coronavirus pandemic that forced the shutdown of plants and significantly lowered sales. Here are data…
Welcome to Dealer Forward: Reimagining Automotive Retail, a panel discussion that focuses on building resilience in three key auto retail areas – marketing, dealership performance and fixed operations. This week’s episode features Lori Wittman, senior vice president of dealer software…
The growth in daily new COVID-19 cases in the U.S. is leveling off, but the rise in cases this summer and increased restrictions on activity as a result has diminished economic activity resulting in an increase in people filing for…
Strong demand for used vehicles has caused retail used-vehicle inventories to slump to new lows, according to a Cox Automotive analysis of vAuto Available Inventory data. “Limited supply in both new and used vehicles is the next hurdle on the…
Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by…
The growing number of cases of COVID-19, which are setting new daily records, threaten the recovery that created growth in retail sales and new construction in June. Strong demand in the auto market has reduced supply of new and used…
Given the current turbulence in the automotive marketplace, the Cox Automotive Economic & Industry Insights team is publishing its mid-month view of the wholesale market, including wholesale prices. The posted material provides commentary and an updated look at the Manheim…
