ATLANTA, Feb. 25, 2019 – According to a forecast released today by Cox Automotive, new-vehicle sales pace in February is expected to rise to 17.1 million units, an increase from January’s weak, weather-impacted 16.6 million level. The pace should also rise…
New data points last week did not reveal any significant changes to major trends. The number and amount of tax refunds and total returns continued their downward trend for the third consecutive week. Last week’s recap: The economy is experiencing…
The February 2019 Cox Automotive Industry Update Report shares Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry. ECONOMIC INDICATORS Consumer Credit…
Kelley Blue Book Brand Watch™ is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to a consumer’s buying decision.…
Most data points suggest that the year has started off much weaker than last year began. On the positive side, lower energy prices are keeping inflation in check and boosting real wage gains, and consumer sentiment has partially rebounded so far…
As widely rumored, Amazon announced a sizable investment in the EV-startup Rivian. General Motors had also been rumored to announce an investment but was not part of today’s announcement. Michigan-based Rivian has been in the spotlight since the 2018 Los…
Last year marked the start of Truck Wars with the launch of new full-size pickup trucks from Ram and General Motors taking on the king-of-the-hill Ford F-150. This year, Truck Wars 2 shifts focus to smaller trucks. The 2019 Ford…
Warning global sales, including those in the United Sates, and profits will fall below expectations this year, Nissan Motor announced it would take actions to improve its financial results. Nissan CEO Hiroto Saikawa said, for one thing, Nissan would avoid…
We spent last week at press week for the Chicago Auto Show, which is billed as the largest auto show for consumers in the country. It is open to the public through Feb. 18. While there were no earth-shattering debuts…
While January is a tough month to judge exactly where the economy and vehicle sales will go for the full year, the month was rocky, and we do expect the year to be rocky as well. Last week’s recap: New-…
