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The Power of Cox Automotive

Harness the power of connected data

for game-changing results

Intelligently Powering the Future of Automotive Through Connected Data

With an ecosystem under stress and daily market conditions in flux, it’s more important than ever to have accurate and timely information. Our data and technology serve as the backbone of our ability to successfully service the entire ecosystem of vehicle buyers, sellers, owners, and users. And the evolution of our connected intelligence capability ensures that Cox Automotive continues to relentlessly leverage the full breadth of our data assets, our technology and our talent for the tremendous benefit of our clients.

Introducing DRiVEQ, our world-class intelligence engine that enables more connected data and real-time insights than anywhere else with a level of accuracy that’s invaluable to meeting your business goals.

bi-weekly update

Jonathan Smoke, Cox Automotive’s chief economist, examines the nationwide impact on U.S. auto sales.

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AUTO MARKET SNAPSHOT

Powered By DRiVEQ

Last update 05/17/2022
Arrow direction indicates change from previous update.
SALES & SERVICE
Light vehicle sales in the U.S., including full-year forecasts. Plus, repair order volume and revenue at franchised dealer service departments.
CPO Sales: April
Up 223,999
Total monthly volume of used vehicles sold as certified pre-owned in the U.S.
Source: Cox Automotive analysis of Motor Intelligence data
See more
Last update 05/06/2022
Fleet Sales: April
Up 154,654
Total monthly volume of light vehicles sold into fleet in the U.S.
Source: Cox Automotive analysis of Bobit data
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Last update 05/05/2022
New Sales: April
Up 1.2M
Total monthly volume of new light vehicles sold in the U.S.
Source: Cox Automotive
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Last update 04/27/2022
Repair Order Revenue Index: March
Up 128.1
Monthly measure of the average revenue from each repair order performed by a franchised dealer service department.
Source: Xtime
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Last update 04/22/2022
Repair Order Volume Index: March
Up 93.8
Monthly measure of the number of repair orders performed by a franchised dealer service department.
Source: Xtime
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Last update 04/22/2022
Used Sales: March
Up 3.5M
Total monthly volume of used light vehicles sold in the U.S.
Source: Cox Automotive
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Last update 04/14/2022
Forecasts: Full Year
Up 15.3M
Full-year forecasts for light new- and used-vehicles, fleet and CPO sales, leasing volume and penetration and Manheim Used Vehicle Value Index.
Source: Cox Automotive
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Last update 03/28/2022
PRICING
An industry view of new, used and wholesale vehicle pricing as well as measures of credit availability and vehicle affordability.
Used-Vehicle Value Index: Mid-May
Up 222.7
Monthly measure of wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis).
Source: Manheim
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Last update 05/17/2022
Vehicle Affordability Index: April
Up 40.6
A monthly measure of the number of median weeks of income needed to purchase a new vehicle.
Source: Cox Automotive/ Moody's Analytics
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Last update 05/16/2022
Credit Availability Index: April
Up 106.3
A monthly index based on Dealertrack credit application data that indicates whether access to auto loan credit is improving or worsening.
Source: Dealertrack
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Last update 05/10/2022
Average Transaction Price: April
Up $46,526
The estimated negotiated price for a new light vehicle in the U.S. excluding incentives, trade-in, taxes, fees or F&I.
Source: Kelley Blue Book
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Last update 05/10/2022
Average Used Listing Price: March
Up $27,246
The average price of all used vehicle digital listings.
Source: vAuto Available Inventory
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Last update 04/14/2022
Average New Listing Price: March
Up $44,360
The average price of all new-vehicle digital listings.
Source: vAuto Available Inventory
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Last update 04/13/2022
INVENTORY
An industry view of available new- and used-vehicle inventory in number of units and days’ supply.
Used-Vehicle Days’ Supply: March
Up 45
Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.
Source: vAuto Available Inventory
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Last update 04/14/2022
Used-Vehicle Inventory: March
Up 2.54M
The number of used vehicles available for sale.
Source: vAuto Available Inventory
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Last update 04/14/2022
New-Vehicle Days’ Supply: March
Up 35
Cox Automotive days’ supply based on the daily sales rate for the most recent 30-day period.
Source: vAuto Available Inventory
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Last update 04/13/2022
New-Vehicle Inventory: March
Up 1.11M
The number of new vehicles available for sale.
Source: vAuto Available Inventory
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Last update 04/13/2022
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