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 dealer groups in the country, Midwest Great Dane and Northeast Great Dane create consistency across … Continued
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 access since December 2022. Dealertrack Credit Availability Index Auto loan access was up in March … Continued
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 at the start of April decreased from March and were lower than in early April … Continued
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 this summer, as existing ‘pre-tariff’ inventory is sold down to be eventually replaced with ‘tariffed’ … Continued
A replay of the Q1 2025 Manheim Used Vehicle Value Index Call held on Monday, April 7, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a manager on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index, the major economic and industry trends that shaped … Continued
ATLANTA, April 7, 2025 – Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is a decrease of 0.2% from a year ago and also lower than the February levels. The seasonal adjustment caused the … Continued
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is a decrease of 0.2% from a year ago and also lower than the February levels. The seasonal adjustment caused the index to decline for the … Continued
Key Highlights The worry is not about the data released last week but about the tariff policies that have started a global trade war. Employment Trends Job growth accelerated in March and exceeded expectations, but prior job numbers were revised down, the unemployment rate increased, and wage growth decelerated. With tariffs destined to drive inflation … Continued
It’s on! As our Chief Economist Jonathan Smoke feared, the “unthinkable” has happened. New automotive-specific tariffs of 25% on all imported vehicles are now in place. Finished automobiles are no longer flowing freely across North America, and key automotive free trade agreements have been scrapped. This significant shift in the automotive landscape is already creating … 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