Northeast Great Dane Celebrates Grand Opening of Sutton, Massachusetts, Parts and Service Shop, Expanding Presence in New England News Press Releases 4 min read ATLANTA – [July 30, 2025] – Northeast Great Dane, a Fleet Services by Cox Automotive company, announced the grand opening of its newest trailer sales and service facility in Sutton, Massachusetts. The state-of-the-art shop expands the company’s footprint in the Northeast and underscores its commitment to providing best-in-class support to fleets across New England. The … Continued
Consumers With Good Credit Are Seeing Lower Rates Despite No Change in Fed Rate Policy 4 min read The Federal Reserve left monetary policy unchanged today at the conclusion of its fifth scheduled Federal Open Market Committee (FOMC) meeting of 2025, which represented the fifth straight no-change decision. The policy statement and commentary from Fed Chair Jerome Powell haven’t changed much. Still, this decision featured dissension, and that alone suggests that if data … Continued
Cox Automotive Signs Intent to Acquire Bel Air and Tallahassee Auto Auctions from BSC America News Press Releases 3 min read ATLANTA – July 29, 2025 – Cox Automotive has signed an agreement with BSC America (BSC) indicating the intent to acquire its Bel Air Auto Auction near Baltimore, Maryland and Tallahassee Auto Auction in Tallahassee, Florida. The agreement is expected to close in the coming weeks, at which time the two auctions will become part … Continued
Cox Automotive Forecast: New-Vehicle Sales Return to a Slower Pace in July, With Little Upside Expected in Second Half News Press Releases 4 min read Updated, Aug. 4, 2025 – July new-vehicle sales finished stronger than expected and beat the Cox Automotive forecast. Sales volume last month was higher year over year by 6.6% percent, helped in part by a good month for fleet sales, which are estimated to have increased more than 8% over July 2024. Cox Automotive had … Continued
Auto Market Weekly Summary 3 min read Key Highlights: Home Sales This week was a light week for important economic data releases, with primarily June data on home sales, which unsurprisingly indicated little change in trend on a down market. With existing home sales decreasing and new home sales increasing only slightly in June, total home sales declined 2.3% for the month … Continued
Cox Automotive Auto Market Report: July 22 5 min read 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
Manheim Market Insights Series: Episode 35 1 min read 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
Auto Market Weekly Summary 3 min read Key Highlights: Inflation Inflation accelerated in June, with the headline Consumer Price Index (CPI) up 2.7% year over year. The CPI data reflects early signs of inflation reacceleration tied to tariffs. Retail Sales Retail sales grew more than expected in June, with growth in most categories. Adjusting for inflation, retail sales were still higher year … Continued
End of Student Loan Relief Reshapes Auto Lending 8 min read Most Americans depend on personally owned vehicles for transportation, and the widespread availability of automotive financing has long played a crucial role in making vehicle ownership possible. This access to credit empowers consumers to purchase the vehicles they need, whether new or used, in good times and bad. As new-vehicle prices have increased over time, … Continued
EV Market Monitor – June 2025 5 min read The EV market in June showed signs of steady momentum, even as underlying dynamics continued to shift. New EV sales softened slightly, but market share climbed. Used EV sales dipped month over month but remained sharply higher than a year ago. Inventory levels, pricing and incentives all indicate a market adjusting to evolving consumer demand … Continued
