Market Insights – Cox Automotive Inc.

Cox Automotive Analysis: Honda Motor Company’s Quarterly U.S. Market Performance 08/08/2023 American Honda Motor, plagued with supply chain issues for most of 2022, is on the rebound with increased production and vehicle inventory on dealer lots leading to a significant leap in U.S. sales for the first quarter of its 2024 fiscal year. Honda raised incentives by 67% to $1,393 per vehicle, the first bump since 2021. It also increased its average transaction price (ATP) by 2%… Read Article

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Cox Automotive Analysis: Hyundai Motor’s Q2 2023 U.S. Market Performance 08/03/2023 Hyundai Motor Company, which includes the Hyundai, Kia and Genesis brands, had a stellar second quarter in the U.S. despite low inventories, particularly Kia. The automaker boosted incentives to over $1,000, while average transaction prices were up incrementally compared with a year ago. The U.S., where Hyundai Motor sells all three brands and Hyundai and Kia operate plants, is one of the most important markets for… Read Article

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Cox Automotive Analysis: Toyota Motor Corporation’s Quarterly U.S. Market Performance 08/01/2023 Toyota broke its U.S. sales slump in the most recently ended quarter but barely, as the Japanese automaker continued to have one of the lowest inventory levels in the industry, limiting sales. In Japan, Toyota Motor Corp. posts financial results Aug. 1 for the April-to-June quarter, the automaker’s first quarter of its 2024 fiscal year. Toyota’s U.S. sales for the quarter rose 7%, still underperforming the… Read Article

Toyota market performance Market Insights Data Point

Cox Automotive Analysis: Ford Motor Company’s Q2 2023 U.S. Market Performance 07/26/2023 Ford is forecasted to post improved revenue and earnings when it reports second-quarter financial results after the stock market closes on Thursday, July 27. Wall Street analysts will be more concerned about future quarters than the most recent one after Ford recently slashed the price of its electric F-150 Lightning and lowered the Mustang Mach-E price on mounting inventory outpacing demand. Ford’s pricing moves, which caused… Read Article

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Cox Automotive Analysis: Stellantis’ Q2 2023 Market Performance 07/25/2023 Stellantis posts financial results before the stock market opens Wednesday, July 26. Unlike other automakers that report quarterly earnings, Stellantis provides an update every six months. As Cox Automotive’s Industry Insights team provided quarterly updates on sales, pricing and incentives for the largest automakers each quarter, we are including Stellantis’ numbers for the second quarter in the U.S. for comparison. Stellantis broke its sales slump… Read Article

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Cox Automotive Analysis: Nissan Quarterly U.S. Market Performance 07/25/2023 The most recent quarter was another tumultuous one for Nissan Motor Corp., but in the important U.S. market, sales surged up from recent lows. That could help the Japanese automaker’s bottom line when financial results for the company’s first quarter (May-June) of its fiscal year 2023 are announced this week. In Japan, the abrupt departure in June of Ashwani Gupta, deputy to CEO Makoto Uchida, was… Read Article

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Cox Automotive Analysis: General Motors’ Q2 2023 U.S. Market Performance 07/24/2023 General Motors’ higher vehicle sales and strong ATPs are expected to produce improved financial results from a year ago, when the automaker reports second-quarter earnings before the stock market opens on Tuesday, July 25. Wall Street analysts have been upping their forecast for GM’s results throughout the second quarter and say they will not be surprised if GM exceeds their expectations, as has been the case… Read Article

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Cox Automotive Analysis: Honda Motor Company’s Quarterly U.S. Market Performance 05/09/2023 Honda Motor Company has struggled with chip shortages and COVID outbreaks that have hampered production. In February, the Japanese automaker said the chip shortage was bottoming out but would probably drag on through the second half of this year. Financial results for the quarter that ended March 31, the end of Honda’s fiscal year, are set to be reported in Tokyo on May 11, which should… Read Article

Honda market performance Market Insights Data Point

Cox Automotive Analysis: Nissan Quarterly U.S. Market Performance 05/09/2023 The most recent quarter was an eventful one for Nissan Motor Corp., as it altered its alliance with French automaker Renault and began charting a new direction. Nissan Motor Corporation, the third-largest automaker in Japan, reports financial results on Thursday, May 11, for the January-March period, Nissan’s fourth quarter of its fiscal year 2022, which ended March 31, 2023. In the U.S., Nissan saw sales rise… Read Article

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Cox Automotive Analysis: Toyota Motor Corporation’s Quarterly U.S. Market Performance 05/08/2023 Toyota Motor Corporation posts financial results for the January-to-March quarter on Wednesday, May 10, the automaker’s fourth quarter of its 2022 fiscal year. Like its Asian competitors, Toyota Motor North America has had one of the lowest inventory levels in the U.S. for the past year, including the most recent quarter. Throughout the past calendar year, including the recent quarter, Toyota Motor Corp. was selling cars… Read Article

Toyota market performance Market Insights Data Point