Market Insights – Cox Automotive Inc.

Q3 2020 Cox Automotive U.S. Sales Forecast Call Replay Available 09/28/2020 During the Q3 2020 Cox Automotive U.S. Auto Sales Forecast Call held on Monday, Sept. 28, Chief Economist Jonathan Smoke was joined by Charlie Chesbrough, senior economist, Zo Rahim, manager of economic and industry insights, and Vanessa Ton, senior manager of market intelligence. Watch the event replay below to see how the auto industry performed in the third quarter, how consumer and dealer behavior is changing due… Read Article

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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

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Cox Automotive Forecast: April U.S. Auto Sales Volume and Pace Likely to Reach Historic Lows 04/27/2020 ATLANTA, April 27, 2020 – Historic lows are expected in April as the full effects of COVID-19 are felt across the U.S. auto market for the entire month. According to a forecast released by Cox Automotive, new light-vehicle sales volume is expected to finish near 620,000 units, down 53% compared to last April and down 37% compared to last month. After incorporating seasonal adjustments, the annual vehicle… Read Article

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Cox Automotive Forecast: Steady Pace for U.S. Auto Sales Continues in February 02/27/2020 ATLANTA, Feb. 26, 2020 – February – like January before it – is known to be a weak month for vehicle sales, and this year should be no different. According to a forecast released by Cox Automotive, new light-vehicle sales volume is expected to rise nearly 6% compared to last February and 16% compared to last month. With leap year providing an extra selling day –… Read Article

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Sales expected to gain over storm-ravaged month last year 08/29/2018 U.S. light-vehicle sales in August are expected to rise from year-ago levels, when two major hurricanes crippled new-car transactions in some of the country's largest vehicle markets, according to three forecasts. Cox Automotive, Edmunds and J.D. Power/LMC Automotive all project gains of about 1 percent for the month. Sales events tied to Labor Day are expected to fuel much of the increase, even though transactions completed… Read Article

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Strong July Auto Sales Possibly Helped By Pull-Ahead Impact 07/26/2018 ATLANTA, July 26, 2018 – U.S. new-vehicle sales in July are expected to come in at 1.41 million units, mostly unchanged when compared to year-ago levels according to the forecast released today by Cox Automotive. However, with one less selling day this year, the seasonally adjusted annual rate (SAAR) for July would be 17.1 million, an increase from the 16.7 million sales rate posted in July 2017.… Read Article

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June New-Vehicle Sales Pace Expected to Increase from Year-Ago Levels 06/27/2018 ATLANTA, June 27, 2018 – New-vehicle sales volume in June is expected to rise 2.1 percent from last year, resulting in a seasonally adjusted annual rate (SAAR) of 16.9 million. The June sales pace is up from last year’s 16.6 million rate and is up slightly from the 16.8 million level in May 2018. Through the first five months of 2018, the SAAR has averaged 17.1 million.… Read Article

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Likelihood of another 17 million year grows 06/04/2018 U.S. light-vehicle sales are still expected to decline for a second consecutive year in 2018, but implacable demand for high-profit SUVs and the extra cash that last year's income-tax changes put in some customers' pockets are helping to soften the fall. Auto sales came in stronger than expected in May, rising 4.7 percent from a year ago to 1.59 million, according to the Automotive News Data… Read Article

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U.S. Auto Sales Forecast to Climb More Than 3 Percent in May 2018 05/25/2018 ATLANTA, May 25, 2018 – U.S. new-vehicle sales in May 2018 are expected to increase 3.1 percent compared to May 2017, according to a forecast released today by Cox Automotive. The seasonally adjusted annual rate (SAAR), projected at 16.6 million for this month, is expected to fall to its lowest level since August 2017. The forecast 16.6 million SAAR is down slightly from the 16.7 million… Read Article

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Sales Pace of New Vehicles Expected to Remain Strong in April 04/26/2018 ATLANTA, April 26, 2018 – U.S. new-vehicle sales in April are expected to fall 3.6 percent compared to April 2017, according to a forecast released today by Cox Automotive. However, despite the expected volume decline, the sales pace in the U.S. remains strong, at a seasonally adjusted annual rate (SAAR) of 17.3 million units, above year-ago levels. In April 2017, the SAAR was 17.0 million. “This… Read Article

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