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The Trump Tariff Stance Has Shifted. Where Are We Now?
It’s been four months since President Trump announced his administration’s new tariff plans for the auto market, and the impacts are already being felt far and wide. As we’ve noted, the automotive industry is highly globalized, with nearly half of the vehicles sold in the U.S. manufactured outside of the U.S. The most challenging aspect …
Cox Automotive Auto Market Report: August 5
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 …
Auto Market Weekly Summary
Hiring stalls out, inflation ticks up, but real consumer spending remains positive The first estimate of second-quarter real GDP growth showed a sharp rebound as seasonally adjusted annualized growth was 3.0% following a decline of 0.5% in the prior quarter. The increase was driven by a collapse in imports so was again more of an …
Northeast Great Dane Celebrates Grand Opening of Sutton, Massachusetts, Parts and Service Shop, Expanding Presence in New England
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 …
Consumers With Good Credit Are Seeing Lower Rates Despite No Change in Fed Rate Policy
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 …
Cox Automotive Signs Intent to Acquire Bel Air and Tallahassee Auto Auctions from BSC America
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 …
Cox Automotive Forecast: New-Vehicle Sales Return to a Slower Pace in July, With Little Upside Expected in Second Half
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 …
Auto Market Weekly Summary
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 …
Cox Automotive Auto Market Report: July 22
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 …
Manheim Market Insights Series: Episode 35
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 …