sales forecast Archives

Cox Automotive Forecast: Tariff Concerns Drive New-Vehicle Sales Growth in April, As Inventory Tightens 04/23/2025 ATLANTA, April 23, 2025 – Likely motivated by concerns about tariffs and future higher prices, new-vehicle shoppers were out in force early in April and, according to the Cox Automotive forecast released today, helped keep the new-vehicle sales pace relatively strong, although down from March’s surprising market surge. The April seasonally adjusted annual rate (SAAR), or sales pace, is forecasted by Cox Automotive to reach approximately… Read Article

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Replay Available: Q1 2025 Cox Automotive Industry Insights and Sales Forecast Call 03/26/2025 A replay of the Cox Automotive Industry Insights and Forecast 2025 Call held on Wednesday, March 26, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team provided an update on the U.S. automotive market for the first quarter, covering the new, used and electrified markets with insights and data from Cox Automotive.The team also reviewed the Cox Automotive Q1 and March U.S. auto sales forecasts, updated Cox Automotive’s… Read Article

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Cox Automotive Forecast: First Quarter New-Vehicle Sales Expected to Increase Year over Year as Market Momentum Shows Signs of Fading 03/26/2025 Updated, April 2, 2025 – Initial industry estimates of new-vehicle sales in March suggest nearly 1.56 million units were sold, beating the Cox Automotive forecast by a large margin; our team had expected volume in March to be 1.43 million, a decline from 2024 levels. In fact, sales in March were higher year over year and not just by a little. The seasonally adjusted annual rate (SAAR)… Read Article

new-vehicle sales sales forecast SAAR Press Releases

2025 Cox Automotive Forecasts 03/26/2025 Cox Automotive provides forecasts on the new and used vehicle markets, leasing, fleet and CPO sales, and the Manheim Used Vehicle Value Index. Updates to the full-year 2025 forecasts were announced during the Q1 Cox Automotive Industry Insights and Sales Forecast Call on March 26. The Economic and Industry Insights team reviews the forecasts quarterly and updates them as market changes dictate. Download the 2025 Forecasts… Read Article

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Presentation Available: Q1 2025 Cox Automotive Industry Insights and Sales Forecast Call 03/26/2025 The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be held today, March 26, at 11 a.m. EDT. The presentation is available for download. Download the Presentation Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team will provide an update on the U.S. automotive market for the first quarter, covering the new, used and electrified markets with insights and data from Cox Automotive. A recording of… Read Article

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Register Today: Q1 2025 Cox Automotive Industry Insights and Sales Forecast Call 03/21/2025 The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be hosted on Wednesday, March 26, at 11 a.m. EDT, shortly before the auto industry closes the book on the first quarter. In the upcoming webinar, Cox Automotive Chief Economist Jonathan Smoke, along with the Economic and Industry Insights team, will deliver an update on the U.S. automotive industry for March and the first quarter… Read Article

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Cox Automotive Forecast: New-Vehicle Sales in February Expected to Rebound After Slow January, 16.3 Million SAAR Anticipated 02/24/2025 Updated, March 4, 2025 – February new-vehicle sales likely finished slightly below the Cox Automotive forecast, with volume close to 1.22 million, lower than the forecast of 1.25 million. The initial February SAAR – the seasonally adjusted annual rate of sales, or sales pace – is now estimated at 16.0 million, ahead of January and the year-ago February pace, but the Cox Automotive Economic and Industry… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Cox Automotive Forecast: January U.S. Auto Sales Expected to Gain More Than 5% Year over Year Despite Harsh Winter Weather 01/27/2025 Updated, Feb. 4, 2025 – New-vehicle sales in January increased compared to year-ago levels, as our team had expected, but initial results indicate that market volume likely came in slightly below our forecast. The Cox Automotive forecast called for year-over-year growth of 5.2%, but early estimates suggest the increase was closer to 4%, as some automakers posted record January volume and others saw declines from January… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Replay Available: Cox Automotive Industry Insights and Forecast 2025 Call 12/17/2024 A replay of the Cox Automotive Industry Insights and Forecast 2025 Call held on Tuesday, Dec. 17, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team provided an update on the U.S. automotive market for 2024, covering the new, used and electric markets with insights and data from Cox Automotive.The team also reviewed Cox Automotive’s 2025 forecasts, including the Cox Automotive Q4 and December U.S. auto sales forecasts. Read the… Read Article

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Cox Automotive Forecast: Driven by a Strong Q4 and a Post-Election Boost, U.S. Auto Sales Beat Expectations in 2024, Expected to Finish Above 15.8 Million, Best Result Since 2019 12/17/2024 Updated, Jan. 6, 2025 – New-vehicle sales in 2024 finished near 16.0 million, according to estimates from Cox Automotive’s Kelley Blue Book, an increase of just over 2% from 2023 and the best year for volume since the pandemic. Total new-vehicle sales ended the year strong, just above the Cox Automotive new-vehicle sales forecast. Nearly every automaker posted higher sales year over year in 2024, with… Read Article

new-vehicle sales sales forecast SAAR Press Releases