Market Insights – Cox Automotive Inc.

New-Vehicle Inventory Stabilizes as Sales Incentives Increase and Model Year 2025 Vehicles Arrive 09/19/2024 According to the most recent analysis of vAuto Live Market View data, sales volume and days’ supply average have stabilized following two months of reporting volatility. An industry-wide disruption caused by a cyber breach at a widely used dealer management system (DMS) supplier created fluctuations in reporting across Cox Automotive’s data sets. 2.84M Total Inventoryas of Sept. 5, 2024 77 Days' Supply $46,841 Average Listing Price… Read Article

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New-Vehicle Prices Continue to Tumble in August, Incentives Up Nearly 50% Year Over Year, according to Kelley Blue Book Estimates 09/10/2024 ATLANTA, Sept. 10, 2024 – For the 11th straight month, the average transaction price (ATP) for a new vehicle in the U.S. was lower year over year, according to data released today by Kelley Blue Book, as higher inventories continue to add price pressure to the market. At $47,870, the new-vehicle ATP in August was also lower by 0.6% compared to the revised July ATP of $48,166. … Read Article

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New-Vehicle Inventory Remains Stable, While Days’ Supply Reporting Is Bumpy Due to DMS Outage 08/15/2024 Revised, Sept. 19, 2024 – An industry-wide disruption in June, due to a cyber breach at a widely used dealer management system (DMS) supplier, has created volatility in reporting of sales and days’ supply across Cox Automotive’s data sets. This is revealed in a new-vehicle days’ supply of 70 at the start of August, representing a significant drop of 42% from last month’s report, according to… Read Article

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New-Vehicle Sales Incentives Climb Higher in July, According to Kelley Blue Book Estimates 08/13/2024 ATLANTA, Aug. 13, 2024 – New-vehicle prices were lower year over year for the 10th consecutive month in July. Higher inventory levels and higher incentives have shifted the U.S. auto market to favor buyers, but high loan rates and tight credit conditions continue to hold industry sales below potential. In July, according to data released today by Kelley Blue Book, the average transaction price (ATP) for a… Read Article

ATP average transaction price new-vehicle prices Market Insights Data Point

Signs of Widespread Software Outage Revealed in June Inventory Data 07/18/2024 Updated, Aug. 8, 2024 – In June, a cyber breach at a widely used dealer management system (DMS) supplier heavily impacted the automotive industry. This disruption clearly slowed sales and reporting in the second half of the month, pushing the new-vehicle days’ supply at the start of July to 120 days, according to Cox Automotive’s analysis of vAuto Live Market View data. Days’ supply of 120… Read Article

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New-Vehicle Prices Hold Steady in June, as Price Pressure Continues to Steer Market, According to Kelley Blue Book Estimates 07/10/2024 ATLANTA, July 10, 2024 – New-vehicle prices remain steady, as average transaction prices in June were mostly unchanged from May and one year ago. In June, according to data released today by Kelley Blue Book, the average transaction price (ATP) for a new vehicle in the U.S. was $48,644. The June ATP was higher by $266 (0.6%) from the revised May ATP and lower by $307 (0.6%)… Read Article

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New-Vehicle Inventory Increases as 2025 Model Years Begin to Arrive; Automakers Take Notice 06/13/2024 After starting slow, May new-vehicle sales picked up toward the end of the month as expected with the Memorial Day holiday, one of the larger selling holidays for the automotive market. Spurred in part by higher sales, new-vehicle days’ supply declined four days at the start of June to 74 days, according to an analysis of Cox Automotive’s vAuto Live Market View data. 2.89M Total Inventoryas… Read Article

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Inflation Buster: New-Vehicle Prices Continue to Trend Lower, Are Down Nearly 1% Year Over Year in May, According to Kelley Blue Book Estimates 06/11/2024 ATLANTA, June 11, 2024 – New-vehicle prices in May remained lower year over year for the eighth consecutive month, as higher inventory levels continued to hold downward pressure on transaction prices. Last month, according to estimates by Kelley Blue Book, the average transaction price (ATP) for a new vehicle in the U.S. was $48,389, statistically unchanged from the downwardly revised price of $48,368 in April. The new-vehicle… Read Article

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Days’ Supply Increases Month over Month at Start of May, as More Brands See Higher Inventory Levels 05/16/2024 Despite generally healthy sales in April, brands with 100+ average days’ supply pulled the average days’ supply up two days at the start of May to 76 days, according to Cox Automotive’s analysis of vAuto Live Market View data. One month ago, at the start of April, days’ supply stood at 74. 2.84M Total Inventoryas of May 2, 2024 76 Days' Supply $47,433 Average Listing Price… Read Article

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After Three Months of Declines, New-Vehicle Prices Reversed Course in April, According to Latest Kelley Blue Book Estimates 05/14/2024 ATLANTA, May 14, 2024 – A downward slide in new-vehicle prices through the first quarter of 2024 reversed course in April, with average transaction prices (ATPs) increasing by 2.2% to $48,510, the highest prices since December 2023. The April price estimates were released today by Kelley Blue Book, a Cox Automotive brand. Year over year, new-vehicle transaction prices were lower by 0.5%. NEW-VEHICLE AVERAGE TRANSACTION PRICE New-vehicle… Read Article

ATP average transaction price new-vehicle prices Market Insights Data Point