Insights

Welcome to the monthly Manheim Market Insights update. Cox Automotive Chief Economist Jeremy Robb offers a 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 Value Index (MUVVI), days’ supply, affordability and electric vehicle

Key Metrics Expert Perspective — Jonathan Gregory, Senior Manager of Economic and Industry Insights, Cox Automotive “The wholesale market carried its January momentum into February, with year-over-year price growth accelerating to 2.9% even as the seasonally adjusted index edged lower – a pattern consistent with the spring selling season getting an early start. Tax refund

The Experience More stage in the Cox Automotive Village at NADA 2026 became the hub for automotive’s most important conversations; from the AI revolution reshaping dealership workflows and the unprecedented surge in off-lease EVs, to inventory strategy in supply-constrained markets and the modernization of remarketing. Across two days of sessions, Cox Automotive leaders and visiting

New-vehicle affordability improved in January, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index, reaching the best level since March 2025 when tariffs were first announced. Lower transaction prices and lower interest rates more than offset reduced incentives. The estimated average auto loan rate decreased by 2 basis points to 9.52%1, which was lower

January marked a reset for the EV market, with new‑vehicle demand softening sharply and inventory building, while used EV sales strengthened and supply tightened further. Pricing edged lower across both segments, narrowing EV‑to‑ICE premiums. New and Used EV Sales – January New EV Sales: January’s new EV sales totaled an estimated 66,276 units, down 29.9%

This edition of the Auto Market Weekly Summary includes updates on job growth and unemployment, credit availability, inflation, as well as household debt and credit trends. We expected the first reads on tax refund figures around Feb. 6, but those haven’t been released yet, and we’re still awaiting the first official report of the year.