The Cox Automotive Q3 2025 Industry Insights and Sales Forecast Call will be hosted on Thursday, Sept. 25, at 11 a.m. EDT, shortly before the auto industry closes the book on the third quarter. Join us for this event hosted by Chief Economist Jonathan Smoke and the Cox Automotive Economic and Industry Insights team. This 60-minute session … Continued
Starts and existing home sales improved in July, jobless claims are increasing in August, and the Fed is getting closer to cutting rates again. Here is a roundup of key economic indicators that are driving our economy. RESIDENTIAL CONSTRUCTION trends were mixed in July as permits declined and failed to meet expectations, but starts increased … Continued
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased from July in the first 15 days of August. The mid-month Manheim Used Vehicle Value Index fell to 206.5, showing a rise of only 1.2% from the full month of August 2024. The seasonal adjustment was responsible for the decline in the index … Continued
Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading … Continued
Retail sales remained strong in July, even though core inflation reaccelerated, but higher inflation expectations are weighing on consumer sentiment. The initial retail sales report for July saw a slightly slower-than-expected growth in sales, but June’s sales were revised higher. Retail sales remain strong, with July building on a strong June. The consumer is still behind … Continued
The electric vehicle (EV) market gained strong momentum in July, with new and used EV sales rising sharply as consumers accelerated purchases ahead of the Inflation Reduction Act’s tax credit expiration. Inventory tightened, incentives climbed, and pricing adjusted – highlighting a market still heavily influenced by policy support but increasingly responsive to real-time demand. New … Continued
July marked the second consecutive month of improved new‑vehicle affordability after the dip that followed the tariff announcements, according to the Cox Automotive and Moody’s Analytics Vehicle Affordability Index. “In July, new-vehicle affordability improved to the best level since March, when tariffs were first announced,” said Cox Automotive Chief Economist Jonathan Smoke. “Higher incentives, higher … Continued
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of August showed little movement month over month. Still, they were up compared to early August 2024. 2.20M Total UnsoldUsed Vehiclesas of July 31, 2025 43 Days’ Supply $25,527 Average Listing Price 72,691 Average Mileage As August opened, the … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in July1 increased month over month compared to June. A total of 1.52 million used vehicles were sold at retail – from both franchised and independent dealers – during July, up 8.9% month over month and up 7.0% year over year. Days’ … Continued