U.S. auto sales Archives

2024 Cox Automotive Forecasts 10/07/2024 Cox Automotive provides forecasts on the new and used vehicle markets, leasing, fleet and CPO sales, and the Manheim Used Vehicle Value Index. The full-year 2024 forecasts were presented during the Q3 Cox Automotive Industry Insights and Sales Forecast Call on Sept. 25, and the Manheim Used Vehicle Value Index forecast was updated on Oct. 7. The Economic and Industry Insights team reviews the forecasts quarterly… Read Article

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Q3 2024 Cox Automotive Industry Insights and Sales Forecast Call Replay Available 09/25/2024 A replay of the Q3 2024 Cox Automotive Industry Insights and Sales Forecast call, held on Wednesday, Sept. 25, 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 third quarter, covering the electrified, new and used markets with insights and data from Cox Automotive. The team also reviewed Cox Automotive’s 2024 forecasts, including the… Read Article

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Q3 2024 Cox Automotive Industry Insights and Sales Forecast Call Presentation Available 09/25/2024 The Q3 Cox Automotive Industry Insights and Sales Forecast call will be held today, Sept. 25, at 11 a.m. EDT. The presentation is available for download. Download the Presentation Join Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team for this 60-minute session. The team will provide a comprehensive update on the automotive industry for the third quarter. They will cover the electrified, new, and… Read Article

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Despite Tesla Slide, EV Sales in Q2 Mark New Record 07/11/2024 Electric vehicle sales in the U.S. grew by 11.3% year over year in the second quarter, reaching a record-high volume of 330,4631 units, according to new estimates from Kelley Blue Book. This growth was driven partly by improved availability, higher discounts and elevated levels of leasing. Total EV sales last quarter were higher than Q1 sales by 23% percent. In Q2, market leader Tesla sales volume… Read Article

Sales new-vehicle sales U.S. auto sales Electric Vehicles EVs EV Electrified Vehicles Market Insights Data Point

2024 Cox Automotive Mid-Year Review Replay Available 06/25/2024 A replay of the 2024 Cox Automotive Mid-Year Review webcast held on Tuesday, June 25, is available below. Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and other members of the Economic and Industry Insights team presented how the auto industry performed in the first half and what’s likely ahead, including updated 2024 Cox Automotive forecasts and the Cox Automotive 1H and June U.S. auto sales forecast. Plus, take… Read Article

sales forecast Mid-Year Review U.S. auto sales Market Insights Smoke on Cars Commentary & Voices

2024 Cox Automotive Mid-Year Review Presentation Available 06/25/2024 The 2024 Cox Automotive Mid-Year Review will be held on Tuesday, June 25, at 11 a.m. EDT. The presentation is available for download. Download the Presentation Join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Economic and Industry Insights team for the 2024 Mid-Year Review. Our experts and analysts will review how the auto industry performed in the first half of the year and how… Read Article

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EV Sales Growth Slows; Market Leader Tesla Stalls 04/11/2024 Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, according to Kelley Blue Book counts. EV share of total new-vehicle sales in Q1 was 7.3%, a decrease from Q4 2023. While annual EV sales continue to grow in the U.S. market, the growth… Read Article

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Q1 2024 Cox Automotive Industry Insights Webcast Replay Available 03/29/2024 Below is a replay of the Q1 2024 Cox Automotive Industry Insights and Sales Forecast call, which was held on Thursday, March 28. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team provided an overview of the U.S. automotive industry through the first quarter, revisited Cox Automotive’s Forecast: 2024, the major themes that are expected to shape the year, and updated the full-year sales forecasts.… Read Article

sales forecast U.S. auto sales Market Insights Smoke on Cars Commentary & Voices

Q1 2024 Cox Automotive Industry Insights and Sales Forecast Call Presentation Available 03/28/2024 The Q1 2024 Cox Automotive Industry Insights and Sales Forecast call will be hosted today, March 28, at 11 a.m. EDT. Register to receive call information. The presentation is available now. Download the presentation Join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for a 60-minute event that will provide an update on the U.S. automotive industry through the first quarter. The… Read Article

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A Record 1.2 Million EVs Were Sold in the U.S. in 2023, According to Estimates from Kelley Blue Book 01/09/2024 A record 1.2 million U.S. vehicle buyers chose to go electric last year, according to estimates from Kelley Blue Book, a Cox Automotive company. More specifically, 1,189,051 new electric vehicles (EVs) were put into service as the slow shift to an electrified future continued unabated. In 2023, the EV share of the total U.S. vehicle market was 7.6%, according to Kelley Blue Book estimates. That is… Read Article

Sales new-vehicle sales U.S. auto sales Electric Vehicles EVs EV Electrified Vehicles Market Insights Data Point