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3 min read
Electric Vehicle Sales Mark Another Record in Q3, Thanks to Higher Incentives, More Choices
10/11/2024
According to new estimates from Kelley Blue Book, electric vehicle (EV) sales in the U.S. grew by 11% year over year in the third quarter and reached record highs for both volume and market share. According to the latest counts, an estimated 346,3091 EVs were sold in Q3 2024, a 5% increase from Q2. The EV share of sales in Q3 hit 8.9%, the highest level…
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Sales
new-vehicle sales
U.S. auto sales
Electric Vehicles
EVs
EV
Electrified Vehicles
Market Insights
Data Point
1 min read
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…
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sales forecast
U.S. auto sales
Market Insights
Data Point
1 min read
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…
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sales forecast
U.S. auto sales
Market Insights
Commentary & Voices
1 min read
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…
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sales forecast
U.S. auto sales
Market Insights
Commentary & Voices
3 min read
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…
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Sales
new-vehicle sales
U.S. auto sales
Electric Vehicles
EVs
EV
Electrified Vehicles
Market Insights
Data Point
1 min read
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…
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sales forecast
Mid-Year Review
U.S. auto sales
Market Insights
Smoke on Cars
Commentary & Voices
1 min read
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…
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sales forecast
Mid-Year Review
U.S. auto sales
Market Insights
Commentary & Voices
4 min read
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…
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Sales
new-vehicle sales
U.S. auto sales
Electric Vehicles
EVs
EV
Electrified Vehicles
Market Insights
Data Point
1 min read
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.…
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sales forecast
U.S. auto sales
Market Insights
Smoke on Cars
Commentary & Voices
1 min read
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
sales forecast
U.S. auto sales
Market Insights
Commentary & Voices
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