Tariffs of 25% across North America – depending on how long they last1 – could likely upend the auto market in the United States and the larger economy. As previously reported, the North American auto market has enjoyed 30 years of free trade, so new tariffs in place for any significant length of time will … Continued
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 spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
Key Highlights Economic Growth and Inflation February flew by, and much like it started, we’re ending with anxiety about possible tariffs on Mexico and Canada around the corner. Consumer Spending and Income Consumer spending in January fell and was weaker than expected. Personal income growth jumped, driven mainly by increases in social security and Medicaid. … Continued
ATLANTA – Feb. 27, 2025 – FleetNet America by Cox Automotive will showcase its expanded offerings and industry leadership at the ATA Technology & Maintenance Council (TMC) Annual Meeting, in Nashville, Tenn., March 10-12. Driven to connect every vehicle with every service, FleetNet heads to the industry’s largest event celebrating its tireless and dedicated team … Continued
ATLANTA – Feb. 27, 2025 – Fleet Services by Cox Automotive will illustrate its industry leadership and journey ahead at the ATA Technology & Maintenance Council (TMC) Meeting in Nashville, Tenn. from March 10-12. By acquiring the remainder of the business earlier this year from minority owners Mike Dickinson and Ted Coltrain, Cox Automotive has … Continued
Updated, March 4, 2025 – February new-vehicle sales likely finished slightly below the Cox Automotive forecast, with volume close to 1.22 million, lower than the forecast of 1.25 million. The initial February SAAR – the seasonally adjusted annual rate of sales, or sales pace – is now estimated at 16.0 million, ahead of January and … Continued
Key Highlights New-Vehicle Sales Forecast Cox Automotive forecasts a modest rebound in February’s new-vehicle sales, with a SAAR of 16.3 million, an improvement from last year’s 15.7 million and January’s 15.6 million pace. [Check back to the Newsroom for the forecast release later today.] Residential Construction Trends Residential construction trends were mixed in January as … Continued
Welcome to the monthly Manheim Market Insights update. This month Scott Vanner, senior analyst 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 of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim … Continued
In January, the electric vehicle market experienced revealing trends across both new and used segments. While new EV sales saw a decline in volume, market share reached a record high, reflecting sustained consumer interest. Meanwhile, the used EV market continued to grow, driven by affordability and more model options. Inventory dynamics, including days’ supply and … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped from January in the first 15 days of February. The mid-month Manheim Used Vehicle Value Index fell to 203.3, now showing a decline of 0.2% from the full month of February 2024. The seasonal adjustment countered the February non-adjusted price increase. The non-adjusted … Continued
