Updated, April 2, 2025 – Initial industry estimates of new-vehicle sales in March suggest nearly 1.56 million units were sold, beating the Cox Automotive forecast by a large margin; our team had expected volume in March to be 1.43 million,…
The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be held today, March 26, at 11 a.m. EDT. The presentation is available for download. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team will provide an update…
Key Highlights Retail Sales Performance Retail sales registered weak growth in February, with seven of 12 categories down, but sales were up year over year on a nominal and inflation-adjusted basis. The initial retail sales report for February showed a…
The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be hosted on Wednesday, March 26, at 11 a.m. EDT, shortly before the auto industry closes the book on the first quarter. In the upcoming webinar, Cox Automotive Chief…
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…
Last month, new electric vehicle (EV) sales slightly declined but reached a record high for February, with luxury brands performing well. Used EV sales also declined month over month but grew significantly year over year. Days’ supply increased for both new…
The Fed left monetary policy unchanged today at the conclusion of the second scheduled meeting of 2025. Following a similar no-change decision in January, this meeting featured updated forecasts and future rate perspectives, and the updated outlook is for less…
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped from February in the first 15 days of March. The mid-month Manheim Used Vehicle Value Index fell to 200.8, now showing a decline of 1.1% from the full…
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…
Key Highlights Inflation Trends Inflation decelerated in February, with headline inflation declining to 2.8% year over year and core inflation declining to 3.1% year over year. Consumer Credit Trends Consumer credit excluding mortgages saw decelerating growth in January, according to…
