Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by state Consumer sentiment in the U.S. and in the largest DMAs Cox Automotive consumer survey … Continued
The growing number of cases of COVID-19, which are setting new daily records, threaten the recovery that created growth in retail sales and new construction in June. Strong demand in the auto market has reduced supply of new and used vehicles, and that’s leading to record prices. However, the rise in cases is leading to … Continued
Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by state Consumer sentiment in the U.S. and in the largest DMAs Cox Automotive consumer survey … Continued
We continue to see new peaks in daily COVID-19 cases reported in the U.S. The pace of growth is now slowing, but, unfortunately, daily deaths are now rising. The growing cases of COVID-19 threatens the economic recovery. June saw a recovery in vehicle sales and values, but a slowdown in activity from the coronavirus outbreaks … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by state Consumer sentiment in the U.S. and in the largest DMAs Cox Automotive consumer survey … Continued
We continue to see new peaks in daily COVID-19 cases reported in the U.S., a trend likely to continue through most of July even assuming that new restrictions are effective in curtailing the growth in cases. The economic recovery can be seen in pending home sales in May, new vehicle sales in June, and 4.8 … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by state Consumer sentiment in the U.S. and in the largest DMAs Cox Automotive consumer survey … Continued
We are once again setting records in daily new cases of COVID-19 in the U.S. Outbreaks in Sun Belt states from California to Florida and up to North Carolina are causing concern. Impacted cities and states are contemplating new stay-at-home orders to contain. We are seeing slowing momentum in the auto market in the back … Continued
At the 2020 Mid-Year review held on June 25, the Cox Automotive Industry Insights team presented their view of the first half of the year. This 90-minute webinar was kicked off by Cox Automotive President and CEO Sandy Schwartz who provided an industry overview and highlight The Way Forward, a collection of new and updated strategies to … Continued
Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by state Consumer sentiment in the U.S. and in the largest DMAs Cox Automotive consumer survey … Continued