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March Sees Best New-Vehicle Affordability in 45 Months, But Tariffs Loom Large

New-vehicle affordability improved in March and reached the best level in 45 months, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Affordability is a key consideration for consumers when vehicle shopping and has been steadily improving over the last…

Cox Automotive Auto Market Report: April 15

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…

Auto Market Weekly Summary

Key Highlights Inflation and Its Impact on the Auto Industry The CPI fell in March relative to February as year-over-year inflation declined to 2.4% and core inflation declined to 2.8%. This is likely a temporary low before these metrics rise…

Retail Used-Vehicle Sales Increase in March, Up 9% Month Over Month

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in March1 increased month over month compared to February.  A total of 1.66 million used vehicles were sold at retail – from both franchised and independent…

Used-Vehicle Inventory Continues to Tighten as Sales Surge in March

According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of April have decreased both month over month and compared to early April 2024. 2.14M Total UnsoldUsed Vehiclesas of March 31, 2025 39 Days’…

U.S. Electric Vehicle Sales Increase More Than 10% Year Over Year in Q1: GM Drives EV Growth While Tesla Declines

Nearly 300,0001 new electric vehicles (EVs) were sold in the first quarter of 2025 in the U.S., according to the latest report from Kelley Blue Book, an increase of 11.4% year over year. Despite many obstacles — and what you may…

Trudell Trailer Sales Announces Name Change to Midwest Great Dane

ATLANTA – April 10, 2025 – Trudell Trailer Sales, acquired by Cox Automotive in 2022, proudly announced its name change to Midwest Great Dane, leveraging the Great Dane brand deeper in the Midwest market. As one of the largest Great Dane…

Auto Credit Access Hits Highest Level Since December 2022

In March 2025, the Dealertrack Credit Availability Index revealed notable changes in auto credit access across various metrics. The All-Loans Index reached 96.4, up from February and a 3.1% rise year over year, marking the highest level of auto credit…

Tariffs Trigger Surge in March New-Vehicle Sales, Inventory Levels Decline

As the automotive industry starts to navigate the impact of new tariffs, the supply of new vehicles on dealer lots across the U.S. has significantly decreased, according to the Cox Automotive analysis of vAuto Live Market View data. New-vehicle inventory levels…

Kelley Blue Book Report: New-Vehicle Prices Hold Steady in March As Sales Increase Ahead of Anticipated Tariff-Driven Price Hikes

The monthly new-vehicle average transaction price (ATP) report from Cox Automotive’s Kelley Blue Book was released today. Key takeaways from March include: NEW-VEHICLE AVERAGE TRANSACTION PRICE Quote from Erin Keating, Executive Analyst, Cox Automotive “All signs point to higher prices…