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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 06/20/2022
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.
Repair Order Revenue Index: May
up 126.8
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 06/20/2022
Repair Order Volume Index: May
down 86.9
Monthly measure of the number of repair orders performed by a franchised dealer service department.
Source: Xtime
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Last update 06/20/2022
Used Sales: May
down 3.2M
Total monthly volume of used light vehicles sold in the U.S.
Source: Cox Automotive
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Last update 06/14/2022
CPO Sales: May
down 208,423
Total monthly volume of used vehicles sold as certified pre-owned in the U.S.
Source: Cox Automotive analysis of Motor Intelligence data
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Last update 06/10/2022
Fleet Sales: May
down 141,047
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 06/06/2022
New Sales: May
down 1.1M
Total monthly volume of new light vehicles sold in the U.S.
Source: Cox Automotive
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Last update 06/02/2022
Forecasts: Full Year
down 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-June
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 06/17/2022
Average Used Listing Price: May
down $28,312
The average price of all used vehicle digital listings.
Source: vAuto Available Inventory
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Last update 06/16/2022
Average New Listing Price: May
up $45,495
The average price of all new-vehicle digital listings.
Source: vAuto Available Inventory
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Last update 06/16/2022
Vehicle Affordability Index: May
up 41.3
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 06/15/2022
Credit Availability Index: May
down 105.4
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 06/10/2022
Average Transaction Price: May
up $47,148
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 06/09/2022
INVENTORY
An industry view of available new- and used-vehicle inventory in number of units and days’ supply.
Used-Vehicle Days’ Supply: May
down 42
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 06/16/2022
Used-Vehicle Inventory: May
down 2.47M
The number of used vehicles available for sale.
Source: vAuto Available Inventory
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Last update 06/16/2022
New-Vehicle Days’ Supply: May
down 36
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 06/16/2022
New-Vehicle Inventory: May
down 1.13M
The number of new vehicles available for sale.
Source: vAuto Available Inventory
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Last update 06/16/2022
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