Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchise and independent auto dealers, the Cox Automotive Dealer Sentiment Index measures dealer perceptions of current retail auto sales and sales expectations for the next three…
Last week, data on housing, new vehicle sales and job creation reports came in weaker than anticipated though there were some mixed signals as well. Housing mixed signs: Housing has been weak, but higher permitting in January suggests at least…
The Hill, By Michelle Krebs, March 8, 2019 — The final Chevrolet Cruze sedan rolled down the assembly line at General Motors’ Lordstown, Ohio, plant on Wednesday, putting 1,500 workers out of work or looking for transfers and leaving local…
Unlike the used market, the new-vehicle market showed no signs of improvement in February over January. New-vehicle retail sales were down 4 percent in February, leading to a retail SAAR of 13.0 million, down from 13.5 million last February. February new-vehicle total…
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.11 percent month-over-month in February. This brought the Manheim Used Vehicle Value Index to 135.2, a 3.2 percent increase from a year ago. Looking at trends in weekly…
Last week was a big week of data as government agencies provided more delayed insights into December and last year’s fourth quarter. We also received new readings on consumer sentiment and tax refunds as well as initial sales reports on…
Reported February 2019 new-vehicle sales are coming in softer than Cox Automotive had forecast. Considering current reports, our team believes both General Motors and Ford will come in lower than expectations as well. Earlier this week, we had forecast GM…
What is it: The 2020 Kia Telluride, on sale this spring, is an all-new model. The largest sport-utility in the Kia line with seating for seven or eight passengers, it slots just above the Kia Sorento, upon which it is…
Last week Ford Motor Company admitted to more troubles with its emissions and fuel economy ratings. Though hardly the first automaker to admit emission testing problems, it’s not Ford’s first time in the bad-news barrel. In 2013 the company was…
Fiat Chrysler Automobiles N.V. (FCA) today confirmed a number of major manufacturing and product commitments for Michigan and the city of Detroit. The $4.5-billion investment package includes new factories and additional capacity to support products for the Dodge, Jeep and…
