Auto Market Weekly Summary
The peak in daily new COVID-19 cases in the U.S. was April 24, eight weeks ago, but the trend is again increasing as many states are now seeing new outbreaks. The economic recovery can now be seen in improving retail…
Week #13 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke
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…
Daily Drive Podcast: The Hidden Threats to a Full Recovery
Automotive News, June 15, 2020 – Cox Automotive Chief Economist Jonathan Smoke joined Automotive News Publisher Jason Stein for a daily podcast series about the coronavirus crisis. Smoke says inventory shortages, fewer incentives, weaker demand and tightening auto loan standards could slow…
Auto Market Weekly Summary
The peak in daily new COVID-19 cases in the U.S. was seven weeks ago, but some markets are seeing new case growth because of new outbreaks and more testing. The national trend in new cases has stopped its decline recently. Some…
Fed Affirms Continued Low Rates, But Not All Consumers Are Seeing Them
The Fed affirmed its rate policy will remain where it is “…until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.” Rates are expected to remain…
Week #12 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke
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…
Auto Market Weekly Summary
The peak in daily new COVID-19 cases was six weeks ago, the recovery in jobs is encouraging and the rebound in automotive sales is impressive, but consumers may still be wary, particularly in light of social unrest. COVID-19 cases decline: The…
Week #11 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke
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 Jobless claims and impacts by state…
Auto Market Weekly Summary
The peak in daily new COVID-19 cases was five weeks ago, and case growth generally continues to be on a declining trend for the U.S. overall, but some markets are still seeing growth. Testing is also growing. Some markets are seeing…
Week #10 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke
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. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims…