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Kelley Blue Book Report: New-Vehicle Costs Rise in June, Outpacing Transaction Prices as Sales Slow, Incentives Tick Up

The cost of a new vehicle climbed higher in June, according to data released today by Kelley Blue Book, a Cox Automotive brand, but the average transaction price (ATP) increase was relatively mild and below the long-term average. New-vehicle sales incentives held mostly steady last month, increasing only modestly from May. The sales pace in … Continued

Q2 EV Sales Dip During Record First Half; Q3 Poised for Spike Before Tax Credit Expires

According to the latest report from Cox Automotive’s Kelley Blue Book team, sales of new electric vehicles (EVs) in the second quarter of 2025 were lower year over year by 6.3%, in line with the Cox Automotive forecast. A total of 310,839 new EVs were sold in the U.S, down from 331,853 in the same … Continued

Auto Market Weekly Summary

Key Highlights: New-Vehicle Sales and Pricing The new-vehicle seasonally adjusted annual rate (SAAR) declined in June, but the retail SAAR increased and was higher than a year ago. Consumers are price-sensitive, so incentives are increasing again, and discounting is on the rise to keep retail sales moving. Prices were up modestly in June. Used-Vehicle Market … Continued

Used-Vehicle Inventory Holds Steady in June as Affordability Keeps Demand Strong

According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July showed little change month over month and remained largely unchanged compared to early July 2024. 2.21M Total UnsoldUsed Vehiclesas of June 30, 2025 45 Days’ Supply $25,512 Average Listing Price 73,003 Average Mileage As July opened, the … Continued

Used-Vehicle Retail Sales Dip in June; CPO Volume Falls Sharply

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in June1 decreased month over month compared to May.  A total of 1.46 million used vehicles were sold at retail – from both franchised and independent dealers – during June, down 1.5% month over month and up 2.4% year over year. Days’ … Continued

Auto Credit Access Improves Again in June as Some Lenders Loosen Standards

In June 2025, the Dealertrack Credit Availability Index continued its upward trend, reflecting a second consecutive month of improved credit access. The All-Loans Index rose to 97.3, up from 96.5 in May, marking a 0.8-point increase month over month. This extends the broader run of loosening credit conditions that began in late summer 2024. The only notable interruption in this trend was … Continued

New-Vehicle Inventory Grows as Sales Flatten, Tariff Impact Still Minimal

Everyone is hunting for clear evidence of higher prices on new vehicles driven by tariffs, and yet, the story just hasn’t materialized. Automakers continue to hold their fire on raising the manufacturer’s suggested retail prices (MSRPs) significantly as demand remains tepid and policy has yet to be solidified. New-vehicle inventory has started to grow as … Continued

Autotrader Finds Dealers Miss Key Sales and Wasted Ad Budgets with 92% of Vehicle Sales Untraceable

ATLANTA – July 9, 2025 – Autotrader, a Cox Automotive brand, reports new findings from Perficient fueled by Clarivoy data on the limitations of current sales tracking in dealerships in its latest white paper, “From Click to Car Sale: How Multi-Touch Attribution Improves Marketing Measurement for Auto Dealers”. According to Clarivoy data, in a sample … Continued

Q2 2025 Manheim Used Vehicle Value Index Call Replay Available

A replay of the Q2 2025 Manheim Used Vehicle Value Index Call held on Tuesday, July 8, 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

Manheim Used Vehicle Value Index Rises in June as Auto Market Continues To Be Impacted by Tariff-Driven Volatility

ATLANTA, July 8, 2025 – Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were higher in June compared to May. The Manheim Used Vehicle Value Index (MUVVI) increased to 208.5, representing a 6.3% year-over-year increase and a 1.6% rise above May levels. The seasonal adjustment forced the index higher in the month, … Continued