Market Insights – Cox Automotive Inc.

Cox Automotive February Forecast: U.S. Auto Sales Remain Relatively Strong Despite Challenges 02/23/2021 ATLANTA, Feb. 23, 2021 – February sales when reported next week are expected to show a relatively strong vehicle market in the U.S., though slowing from January’s robust post-holidays pace. The seasonally adjusted annual rate (SAAR) of sales this month is forecast by Cox Automotive to be near 16.3 million, down from January’s 16.6 million level and below last year’s 16.8 million. However, given ongoing pandemic… Read Article

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Cox Automotive Forecast: Relatively Healthy Auto Sales Continue in January 01/26/2021 ATLANTA, Jan. 26, 2021 – January is normally the quietest month of the year for vehicle sales as buyers take a break after holiday shopping, but according to a Cox Automotive forecast released today, January 2021 U.S. auto sales are expected to be healthy, up from last month and down less than 4% from January 2020. The forecast volume decline of 3.7% from last year –… Read Article

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Cox Automotive December Forecast: Sales Pace Continues to Slow as 2020 Stumbles Across Finish Line 12/22/2020 ATLANTA, Dec. 22, 2020 – Boosted by year-end sales and extra selling days, light vehicle sales in the U.S. for December are expected to finish near 1.54 million, a 1.9% increase over last December. The gain is a bit misleading, however, as there are 28 shopping days this month, three more than last year and five more than last month. With that many extra days for… Read Article

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Cox Automotive November Forecast: Seasonality Weakens U.S. Auto Sales After Months of Recovery 11/24/2020 ATLANTA, Nov. 24, 2020 – U.S. auto sales for November are expected to show a market that is now weakening after months of recovery from April’s historic low seasonally adjusted annual rate (SAAR). The sales pace for light vehicles is expected to fall to 15.8 million this month, down from last year’s 17.0 million pace, but more importantly down from last month’s 16.2 million level. A… Read Article

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Cox Automotive October Forecast: U.S. Auto Sales Achieve Sixth Straight Month of Growth 10/28/2020 ATLANTA, Oct. 28, 2020 – U.S. auto sales for October are expected to show a still recovering market with the sales pace rising for the sixth straight month since April’s historic low. The seasonally adjusted annual rate (SAAR) of sales is expected to finish near 16.4 million, up slightly from September’s surprisingly strong 16.3 million rate but down from last year’s 16.8 million level, according to… Read Article

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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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