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4 min read
Cox Automotive Commentary: June and First Half 2021 U.S. Auto Sales
07/01/2021
While not all automakers have finalized their sales results for the first half yet, the direction for the industry is clear: The sales frenzy that fueled the market through the spring has clearly passed. June new-vehicle sales appear to be coming in below our initial forecast, and we expect limited supply is the cause. Inventory has been tight in 2021 compared to historical levels, and the industry has…
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Cox Automotive commentary
Sales commentary
Market Insights
Smoke on Cars
Commentary & Voices
2 min read
May Sales Showcase Continued Strong Demand
06/02/2021
May automobiles sales are being reported by some automakers and early indications are results will be near the Cox Automotive forecast released last week. Our forecast called for year-over-year volume growth of near 40%, with market volume near 2019 levels. With the pandemic in the U.S. shifting to the rearview mirror, demand for new vehicles is BTN – Back to Normal. Inventory, however, continues to hold…
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new-vehicle sales
Sales commentary
Market Insights
Commentary & Voices