The Latest on the Economy & Trends | Cox Automotive Inc.

Q3 2020 Cox Automotive U.S. Sales Forecast Call Replay Available 09/28/2020 During the Q3 2020 Cox Automotive U.S. Auto Sales Forecast Call held on Monday, Sept. 28, Chief Economist Jonathan Smoke was joined by Charlie Chesbrough, senior economist, Zo Rahim, manager of economic and industry insights, and Vanessa Ton, senior manager of market intelligence. Watch the event replay below to see how the auto industry performed in the third quarter, how consumer and dealer behavior is changing due… Read Article

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8 Key Market Trends – 2018 Fall Update 12/10/2018 Jonathan Smoke, Chief Economist at Cox Automotive, provides an update on the 8 Key Trends that, earlier in the year, he predicted would have the greatest impact on how the automotive industry performs in 2018. Now that we are close to wrapping up the year, we are revisiting those trends to see how things have shaped up and are also looking at an additional 9th key… Read Article

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Cox Automotive Commentary: Federal Reserve Raises Interest Rates 03/21/2018 Earlier today, as widely expected, the Federal Reserve raised the official short-term rate policy by .25 points. This move by the Federal Reserve is seen by most economists as a signal the U.S. economy continues to grow at a strong pace. The Cox Automotive Industry Insights team is carefully monitoring federal interest rate activity, as tightening monetary policy is one factor that will likely keep U.S.… Read Article

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11:00 min watch

The Economy 11/06/2017 The economy is chugging right along, which bodes well for the automotive industry. In this video, Jonathan Smoke, Cox Automotive's Chief Economist, provides a current and future economic overview. Check out all of the Top 10 Trend videos to learn more: Millennials Affordability Autonomous Vehicles Used Car Prices Digital Retailing Shifting Consumer Preferences Fixed Ops Consumer Credit Dealership Staffing The Economy Read Article

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Top 10 Trends Impacting the Automotive Industry Today 11/06/2017 Over the last decade, the automotive industry has experienced record lows followed by record highs. While the future is full of uncertainty, it is also full of opportunity, and Cox Automotive strives to help clients navigate this ever-changing marketplace. Here are the 10 trends that we believe will have the greatest impact on automotive businesses in the near-term and long-term. We will continue to monitor these… Read Article

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Certified Pre-Owned (CPO) 10/18/2017 CPO (Certified Pre-Owned) sales will continue to grow as increasing consumer demand is met with new supply from off-lease volumes. Shoppers see the value of CPO because it gives those who can’t afford a new vehicle the opportunity to have similar technology along with the peace-of-mind that comes with CPO warranty coverage. M cpo sales (2017) CPO sales YTD 2017 are 1.1 million (up 1.6% year-over-year).1 M expected… Read Article

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