The Cox Automotive Industry Insights and 2025 Forecast Call will be held today, Dec. 17, at 11 a.m. EST. The presentation is available for download. Cox Automotive Chief Economist Jonathan Smoke and the Economic and Industry Insights team will provide a…
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) showed no change from November in the first 15 days of December. The mid-month Manheim Used Vehicle Value Index remained at 205.4, now showing a gain of 0.7% from…
In November 2024, the Dealertrack Credit Availability Index revealed a notable improvement in auto credit access across all channels and lender types. The All-Loans Index reached 95.4, marking a 1.0% increase from October and a 0.8% rise year over year.…
New-vehicle affordability declined in November, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. Lower interest rates, higher incentives and increased incomes could not offset the impact of rising prices. “In November, affordability saw a slight dip from the previous…
Key Highlights Inflation and Vehicle Pricing Trends Inflation indicators signal modest increases, with vehicle prices showing varied movement across categories. Growing Consumer Credit Consumer credit excluding mortgages saw accelerating growth in October, according to the latest report from the Federal…
ATLANTA, Dec. 11, 2024 – The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. automobile dealers. The latest survey, conducted immediately following the national election in early November, indicates that while current market conditions are…
New-vehicle prices in November climbed higher year over year for the second straight month, according to data from Kelley Blue Book released today. Last month, the average transaction price (ATP) for a new vehicle was $48,724, an increase of $699,…
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…
Cox Automotive experts are here to help you make the most of NADA2025 and the year ahead. During this past year, the Research and Market Intelligence team at Cox Automotive connected with thousands of consumers and dealers on a variety…
Key Highlights Economic Labor Trends Steady job growth was witnessed in November as the job market recovered from Hurricane Milton’s disruptions in October, indicating a stable labor market environment. New-Vehicle Sales and Prices The new-vehicle SAAR greatly improved in November,…
