Market Insights – Cox Automotive Inc.

Q2 EV Sales Dip During Record First Half; Q3 Poised for Spike Before Tax Credit Expires 07/14/2025 According to the latest report from Cox Automotive’s Kelley Blue Book team, sales of new electric vehicles (EVs) in the second quarter of 2025 were lower year over year by 6.3%, in line with the Cox Automotive forecast. A total of 310,839 new EVs were sold in the U.S, down from 331,853 in the same period a year earlier. Sales in Q2 were higher than in… Read Article

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Replay Available: 2025 Mid-Year Review 06/25/2025 A replay of the Cox Automotive 2025 Mid-Year Review held on Wednesday, June 25, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Economic and Industry Insights team provided an update on the U.S. automotive market for the first half of the year, covering the new, used and electrified markets with insights and data from Cox Automotive.The team also reviewed the Cox Automotive Q2 and June U.S. auto sales forecasts and… Read Article

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2025 Cox Automotive Forecasts 06/25/2025 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 Cox Automotive 2025 Mid-Year Review on June 25. The Economic and Industry Insights team reviews the forecasts quarterly and updates them as market changes dictate. Download the 2025 Forecasts If you would like… Read Article

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Presentation Available: 2025 Mid-Year Review 06/25/2025 The Cox Automotive 2025 Mid-Year Review will be held today, June 25, at 11 a.m. EDT. The presentation is available for download. Download the Presentation Cox Automotive Chief Economist Jonathan Smoke and the Economic and Industry Insights team will provide an update on the U.S. automotive market for the first half, covering the new, used and electrified markets with insights and data from Cox Automotive. A recording of the event… Read Article

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U.S. Electric Vehicle Sales Increase More Than 10% Year Over Year in Q1: GM Drives EV Growth While Tesla Declines 04/10/2025 Nearly 300,0001 new electric vehicles (EVs) were sold in the first quarter of 2025 in the U.S., according to the latest report from Kelley Blue Book, an increase of 11.4% year over year. Despite many obstacles — and what you may read elsewhere — electric-vehicle sales continue to grow at a healthy pace in the U.S. market. Roughly 7.5% of total new-vehicle sales in the first quarter… 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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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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Electric Vehicle Sales Jump Higher in Q4, Pushing U.S. Sales to a Record 1.3 Million 01/13/2025 Sales of electric vehicles (EVs) in the U.S., according to the latest counts from Cox Automotive’s Kelley Blue Book, jumped 15.2% year over year in the fourth quarter of 2024 to 365,8241, setting a new volume record for any quarter. In 2024, full-year EV sales reached 1.3 million, an increase of 7.3% from the upwardly revised total in 2023. Sales of EVs in the U.S. benefitted… Read Article

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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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Five for ’25: The Cox Automotive Forecast 12/17/2024 With the national election now fully in the rearview mirror and consumer sentiment improving, we turn our attention to the year ahead and an automotive market shifting into a higher gear. As we develop our forecast for 2025, we are mostly optimistic, as the market is finishing 2024 with momentum. There is no doubt that we have plenty of new uncertainty ahead. We know from experience… Read Article

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