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Economic outlook

Cox Automotive Industry Update Report: July 2018

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Article Highlights

  1. ECONOMIC INDICATORS: This year’s New vehicle sales are forecast to be approximately 16.9 million as steady long-term growth continues.
  2. DEMAND: New vehicle retail sales volume increased 5% YOY and Used vehicle sales increased by 2% YOY.
  3. SUPPLY: The days’ supply for June was 68, down 5 days YOY and up 4 days from May.

A monthly report leveraging Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry.

Cox Automotive July 2018 Industry Update

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