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U.S. Automobile Dealer Sentiment Stumbles in Q3 as Political Climate Heats Up 09/06/2024 ATLANTA, Sept. 6, 2024 – The Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) shows automobile dealers in the U.S. continue to view the market as weak. The overall Q3 market sentiment index dropped to a score of 40, down from 42 in Q2 and 45 from a year ago, signaling a weakened market sentiment. “For more than two years now, after reaching peak profits in… Read Article

Cox Automotive Dealer Sentiment Index CADSI Press Releases

U.S. Automobile Dealer Sentiment Index: As Market Uncertainty Grows, Dealers Remain Pessimistic and Cautious 06/10/2024 ATLANTA, June 10, 2024 – The latest Cox Automotive Dealer Sentiment Index (CADSI) remained stable from Q1 to Q2 2024 despite dealer uncertainty in the market and economy. The Q2 current market index score of 42 indicates most U.S. auto dealers see the market as weak. One year ago, the index was 45, also below the 50 threshold. The last time current market sentiment was above… Read Article

Cox Automotive Dealer Sentiment Index CADSI Press Releases

Cox Automotive 2024 Path to EV Adoption Study Suggests Electric Vehicle Consideration Will Surge in Second Half of Decade 05/14/2024 ATLANTA, May 14, 2024 – A second, significant wave of shoppers ready to consider buying an electric vehicle (EV) is poised to begin entering the market in the second half of the decade, according to the latest findings from the 2024 Path to EV Adoption Study by Cox Automotive. The findings indicate that nearly half of all vehicle shoppers in market today are not even considering… Read Article

Electric Vehicles EVs EV Press Releases

WATCH NOW: Insights to Take you to the Next Level for a Healthier World and Stronger Bottom Line 04/22/2024 While it is necessary for dealerships to realize short term benefits from their sustainability efforts, environmental sustainability will increasingly play a significant role in the long-term profitability of dealerships. Being intentional and organized around sustainability is necessary to maximize the benefits. Also, local community engagement is a key enabler of long-term success of dealership environmental sustainability efforts. Learn more about brands featured in the video: Do… Read Article

Speaker Sessions

WATCH NOW: Understanding the Differences in Your AI Options for Auto Retail 04/15/2024 “Artificial intelligence is everywhere. And that is a good thing for our industry! Recent advances in technology have the potential to be gamechangers for dealerships. But all AI is not created equal. Watch this video to learn how to make sense of all the buzz, including what to expect from this technology and key questions to ask as you evaluate tools.  Learn more about brands featured… Read Article

Speaker Sessions

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Expert Outlooks: Isabelle Helms 12/10/2024 Cox Automotive experts are here to help you make the most of NADA2025 and the year ahead. During this past year, the Research and Market Intelligence team at Cox Automotive connected with thousands of consumers and dealers on a variety of topics impacting the automotive industry. From affordability to electrification to car buying and more, we uncovered and delivered insights you can take action on to… Read Article

Speaker Sessions Economy & Trends

Register Today: Cox Automotive Industry Insights and Forecast 2025 Call 12/09/2024 The Cox Automotive Economic and Industry Insights team looks forward to providing even more actionable and thought-provoking insights in 2025. Register now for the Cox Automotive Industry Insights and Forecast 2025 call, scheduled for Tuesday, Dec. 17, at 11 a.m. EST. Traditionally, the Industry Insights webcast is hosted in January to kick off the new year. This year, the event is moved up to deliver the 2025 forecast well before the… Read Article

Market Insights Commentary & Voices

Wholesale Used-Vehicle Prices Increase in November 12/06/2024 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were higher in November compared to October. The Manheim Used Vehicle Value Index (MUVVI) rose to 205.4, an increase of 0.2% from a year ago. The seasonal adjustment to the index amplified the change for the month, as non-seasonally adjusted values declined slightly. The non-adjusted price in November decreased by 0.1% compared to October, moving… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

EV Market Monitor – October 2024 11/25/2024 The U.S. electric vehicle (EV) market is on track for another record-breaking year, with October showing growth in both new and used EV sales. During this period, the gap in days’ supply between new EVs and new traditional models remained wider than the gap for those vehicles in the used market. Meanwhile, the average transaction price for new EVs has slightly decreased and used EV prices… Read Article

Electric Vehicles EV sales Market Insights Data Point

Manheim Market Insights Series: Episode 27 11/22/2024 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 Value Index (MUVVI), days’ supply, affordability and electric vehicle prices both… Read Article

Manheim Market Insights Market Insights Commentary & Voices

Wholesale Used-Vehicle Prices Increase in First Half of November 11/19/2024 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.6% from October in the first 15 days of November. The mid-month Manheim Used Vehicle Value Index increased to 206.1 and is now showing a gain of 0.5% from the full month of November 2023. The seasonal adjustment amplified the results for the month, as the seasonal factor moved much closer to the long-term… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Expert Outlooks: Jonathan Smoke 11/15/2024 Cox Automotive experts are here to help you make the most of NADA2025 and the year ahead. In the first installment of our new “Expert Outlooks” series, Jonathan Smoke, SVP & Chief Economist, shares his unique perspective on the themes that shaped 2024 and why he is optimistic about next year. Read Article

Speaker Sessions Economy & Trends

Used Retail Vehicle Sales Increase in October 11/15/2024 According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in October1 increased by nearly 7% month over month from September. A total of 1.4 million used vehicles were sold at retail – from both franchised and independent dealers – during October, up 12% year over year. Days’ supply of used vehicles at the end of October was 45, down from a revised… Read Article

used-vehicle sales CPO sales Market Insights Data Point

Wholesale Used-Vehicle Prices Declined in October 11/07/2024 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in October compared to September. The Manheim Used Vehicle Value Index (MUVVI) fell to 202.8, a decline of 3.2% from a year ago. The seasonal adjustment to the index reduced the change for the month, as non-seasonally adjusted values declined at a higher rate. The non-adjusted price in October decreased by 1.9% compared… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Meet the Consumer Demand for Omnichannel Retailing 10/25/2024 Jessica Stafford, Senior Vice President of Cox Automotive Consumer Solutions, shares how dealers can provide an outstanding shopper experience with an omnichannel approach. Today’s car shoppers have made themselves clear. They want an omnichannel retail experience: 71% of consumers say they are likely to complete their next car purchase using an omnichannel approach. (2023 Cox Automotive Car Buyer Journey Study) 43% of recent car buyers used… Read Article

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