Market Insights – Cox Automotive Inc.

Auto Sales Should Catch Up as Texas Thaws 02/18/2021 Winter storms that have swept across a large swathe of the U.S., particularly hitting hard the big vehicle-buying state of Texas, should not badly damage vehicle sales this quarter. In Texas, winter storms caused massive power outages that closed dealerships as well as disrupted computer chip production in Austin and vehicle assembly for GM and Toyota. The state historically accounts for 9% of all new-vehicle sales… Read Article

U.S. auto sales Market Insights Commentary & Voices

10 Takeaways from U.S. Auto Sales: 2020 01/20/2021 We’ve said it before, and we’ll say it again: “It could have been worse.” With a solid second half and great effort by U.S. auto dealers, 2020 finished with sales of 14.5 million. Fleet took a beating, but retail sales stayed strong. In fact, we left 2020 with momentum. Auto sales in the final month of the year ended up 6.4% year over year thanks in part… Read Article

U.S. auto sales Market Insights Data Point

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

sales forecast 2018 SAAR U.S. auto sales News Coverage