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4 min read
Cox Automotive Forecast: U.S. Auto Sales Continue V-Shaped Recovery in Third Quarter 09/28/2020 ATLANTA, Sept. 28, 2020 – Auto sales in the U.S. are forecast to continue their COVID-19 recovery in September as the new-vehicle sales pace should increase over last month. The seasonally adjusted annual rate (SAAR) is likely to reach 15.5 million, a modest improvement over August’s 15.2 million, and the fifth consecutive month of sales pace improvement after April’s historic low, according to a forecast released… Read Article
new-vehicle sales sales forecast new-vehicle inventory Press Releases
4 min read
Where the Buys Are 09/24/2020 With the supply of new vehicles falling every week, some favorite vehicles are in extremely short supply, but others have abundant – even overabundant – inventory that could represent good value and wide choice for consumers. In total, new-vehicle inventory slipped again last week, down to 56 days’ supply from 58 only two weeks ago, according to a Cox Automotive analysis of vAuto Available Inventory data.… Read Article
new-vehicle inventory Market Insights Data Point
6 min read
New-Vehicle Inventory, Especially Luxury, in Freefall 09/10/2020 The supply of new vehicles is in freefall as the inventory of unsold new vehicles fell again in August with luxury inventory plummeting, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold new vehicles stood at 2.26 million units as of Aug. 31, down from 2.33 million at the end of July and down from 3.13 million at… Read Article
Inventory new-vehicle inventory Market Insights Data Point
5 min read
New-Vehicle Inventory Slumps Even Lower 08/13/2020 The supply of new vehicles is falling well below demand as the inventory of unsold new vehicles fell again, closing July even lower than June, according to a Cox Automotive analysis of vAuto Available Inventory data. The total U.S. supply of unsold new vehicles stood at 2.33 million units at the end of July, down from 2.55 million units at the end of June and down… Read Article
Inventory new-vehicle inventory Market Insights Data Point