Cox Automotive Inc.
3 min read
Auto Market Weekly Summary 07/28/2025 Key Highlights: Total home sales declined in June, continuing a downward trend that began earlier in the year. Existing home sales fell more than expected, with regional performance mixed and inventory levels remaining tight. New home sales showed a slight monthly gain, though year-over-year comparisons were weaker and supply levels remain elevated. Jobless claims stayed high, reflecting slower hiring and more individuals remaining on unemployment longer. Home Sales This week… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Auto Market Weekly Summary 07/21/2025 Key Highlights: Vehicle-related inflation remained subdued in June, with vehicle prices declining month over month, according to the CPI, even as the overall CPI accelerated. We observed wholesale used prices higher in June, used retail prices were stable to higher, and new retail vehicle prices increased. Auto sector retail sales outperformed the broader market in June, rising 1.2% month over month and contributing to stronger-than-expected retail… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Auto Market Weekly Summary 07/14/2025 Key Highlights: Retail new-vehicle sales rose 6% year over year in June, even as total sales volume declined due to fewer selling days. Used-vehicle prices climbed on a seasonally adjusted basis, with the Manheim Used Vehicle Value Index reaching 208.5, up 6.3% year over year. Auto loan performance weakened in June, with both delinquencies and defaults rising, while credit access improved across most channels, according to… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Auto Market Weekly Summary 07/07/2025 Key Highlights: New light-vehicle sales fell 4.2% year over year in June, but the first half ended with a 4% gain over last year. The retail SAAR slipped to 12.9 million in June, down from May’s 13.4 million pace, reflecting a cooling in consumer demand following the tariff-driven surge earlier this year. Auto dealer employment edged up by 600 jobs in June, but overall employment in… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
4 min read
Auto Market Weekly Summary 06/30/2025 Key Highlights: Consumer spending on motor vehicles and parts dropped 6.1% in May, the steepest monthly decline among major durable goods categories. The average consumer’s ability to spend weakened as real personal income declined by 0.4% and the savings rate fell to 4.5%, signaling potential headwinds for big-ticket purchases, such as vehicles. Plans to purchase a vehicle within the next six months remained stable at the… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Auto Market Weekly Summary 06/23/2025 Key Highlights: Declining vehicle sales drove the retail sales decrease in May, but inflation-adjusted sales remained higher compared to last year. The Fed remains on hold as it monitors inflation and labor data. Auto loan rates are unlikely to ease anytime soon as the Fed holds steady amid a more pessimistic economic outlook. Retail Sales Retail sales in May declined more than expected, driven mainly by… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
4 min read
Auto Market Weekly Summary 06/16/2025 Key Highlights: Inflation data has yet to show much of an impact from tariffs, as the consumer price index (CPI) was softer than expected again in May. Auto loan credit availability improved in May as all channels and all lender types loosened credit access. Auto loan performance was mixed, with 60-day+ delinquencies rising and defaults falling in May. Inflation Inflation data has yet to show much… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Auto Market Weekly Summary 06/09/2025 Key Highlights: The labor market remains resilient but is clearly slowing. The new-vehicle market is adjusting to price sensitivity with increased discounting. Used-vehicle sales softened in May, but year-over-year trends remain positive. Labor Market The employment report for May was mostly better than expected, but reflects slowing job growth as the economy adjusts to tariffs and much slower immigration. Employers added 139,000 jobs in May, exceeding… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
4 min read
Auto Market Weekly Summary 06/02/2025 Key Highlights: Consumer spending on motor vehicles and parts declined 0.6% in April, easing back after a sharp 9.8% surge in March, suggesting a return to more typical demand levels. Vehicle purchase intent improved in May, with plans to buy a vehicle in the next six months reaching their highest level since December. Real personal income growth and a rising savings rate point to stronger household… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Auto Market Weekly Summary 05/27/2025 Key Highlights: Existing home sales fell to a seasonally adjusted annual rate of 4.00 million in April, matching Great Recession lows, even as inventory rose 20.8% year over year and prices increased 1.8%. Continuing jobless claims rose to 1.90 million, reflecting slower hiring, but overall unemployment trends remain below pre-pandemic levels. Auto loan defaults surged 20.1% month over month in April, pushing the annualized default rate… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends