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
This summary features updated Q2 GDP data, more housing data from July, personal income, spending, and inflation data from July, and readings on consumer sentiment in August. The housing data was weak, but little changed. Consumer spending and income growth accelerated in July, with inflation picking up slightly as expected. Measures of consumer sentiment were … Continued
ATLANTA, Aug. 27, 2025 – This month, Cox Automotive hosted its annual Top Tech competition, a prestigious event bringing together the most elite technicians from Manheim and Fleet Services team—including representation from CCI Fleet. More than 800 of Cox Automotive’s technicians participated in the initial round of competition, with 150 making it to one of … Continued
Updated, Sept. 4, 2025 – The new-vehicle sales pace in August was above 16 million for the second straight month and better than year-ago results, suggesting that consumers are shaking off economic uncertainty and staying in market. Initial August results show the seasonally adjusted annual rate (SAAR) of sales likely finished at 16.1 million, just ahead of … Continued
ATLANTA, Aug. 26, 2025 – Cox Automotive Inc., today released, the Drivers of Car Shopping Satisfaction, a comprehensive report detailing the emotional journey and satisfaction of car shoppers. The study surveyed more than one thousand new- and used-vehicle buyers and reveals significant improvements in the car buying experience over the past decade. The study surveyed … Continued
Starts and existing home sales improved in July, jobless claims are increasing in August, and the Fed is getting closer to cutting rates again. Here is a roundup of key economic indicators that are driving our economy. RESIDENTIAL CONSTRUCTION trends were mixed in July as permits declined and failed to meet expectations, but starts increased … Continued
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director 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 Used Vehicle … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index fell to 206.5, showing a rise of only 1.2% from the full month of August 2024. The seasonal adjustment was responsible for the decline in the index … 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
ATLANTA – August 18, 2025 – Cox Automotive today announced it has officially closed the acquisition of Bel Air Auto Auction near Baltimore, Maryland, and Tallahassee Auto Auction in Tallahassee, Florida. This bold move marks Manheim’s first auction addition in nearly 25 years—further cementing Manheim as the world’s largest wholesale marketplace as it celebrates its … Continued
