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Auto Market Weekly Summary

New daily COVID-19 cases continued to decline last week, but the pace of decline slowed. Economic activity continues to recover as more states ease or eliminate restrictions. New jobless claims declined to their lowest level for the pandemic last week.…

Cox Automotive Auto Market Report: June 8

After a year’s worth of videos tracking the COVID-19 pandemic’s impact on the auto market, we are launching a biweekly Auto Market Report video series focusing on data and insights that provide a holistic view of the auto industry. Chief…

Auto Market Weekly Summary

May saw 559,000 new jobs created but 675,000 had been expected. The headline unemployment rate and the underemployment rate both fell to new lows for the pandemic. New jobless claims also fell again last week to their lowest level for…

Auto Market Weekly Summary

The declining trend in new daily COVID-19 cases continued last week. Consumer sentiment improved last week, but all measures of consumer confidence saw declines in May. Economic activity is continuing to pick up, and first-quarter GDP growth accelerated. Spending grew…

Auto Market Weekly Summary

The trend in new daily COVID-19 cases declined again last week, leading to improved economic activity. Consumer sentiment gained ground but remains down for May despite increasing economic activity and jobless claims continuing to fall. New construction, especially starts, fell…

Cox Automotive Auto Market Report: May 18

After a year’s worth of videos tracking the COVID-19 pandemic’s impact on the auto market, we are launching a biweekly Auto Market Report video series focusing on data and insights that provide a holistic view of the auto industry. Chief…

Auto Market Weekly Summary

New daily COVID-19 cases continued to decline as more people were vaccinated. Economic activity continued to recover as more states ease restrictions.  New jobless claims declined to their lowest level for the pandemic. Inflation jumped, likely prompting a decline in…

Auto Market Weekly Summary

The trend in new daily COVID-19 cases declined again last week, but the vaccination pace slowed as well. In terms of the economy, the jobs recovery lost momentum, but vehicle sales soared.  The vehicle market improved upon March’s incredible performance…

Cox Automotive Auto Market Report: May 4

After a year’s worth of videos tracking the COVID-19 pandemic’s impact on the auto market, we are launching a biweekly Auto Market Report video series focusing on data and insights that provide a holistic view of the auto industry. Chief…

Auto Market Weekly Summary

The declining trend in new daily COVID-19 cases accelerated this week, but the vaccination pace also slowed. Consumer sentiment improved, and all measures of consumer confidence saw strong gains in April. Economic activity is continuing to pick up. First-quarter GDP…