As April comes to a close, the pressing question on everyone’s mind is what impact the newly implemented auto tariffs have had on the retail and wholesale auto market. Everyone in the industry has been closely watching the effects of these tariffs, and the anticipation has been significant. To get a clearer picture, we turned … 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
Key Highlights: Existing Home Sales Existing home sales saw a significant decline in March, reaching levels comparable to the Great Recession. New Home Sales New home sales showed positive growth in March, with February’s sales being revised higher. Jobless Claims We have seen claims increase in recent weeks as government cuts impacted the data, but … 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
We have all seen the celebrations where blindfolded participants swing wildly at piñatas, breaking them open, so the treats tumble to the floor. In Washington, DC, and in some states, it seems like politicians, without blindfolds, are taking turns treating the auto industry like a piñata, until their earnings hit the floor. The Inflation Reduction … Continued
Key Highlights: Retail Sales Surge in March Retail sales saw the strongest monthly growth in two years in March with 10 of 12 categories up, and sales were up year over year on a nominal and inflation-adjusted basis. Vehicle Market Leads the Charge The vehicle market was the strongest gainer as consumers pulled demand forward … Continued
In March, the electric vehicle (EV) market experienced shifts in both new and used segments. While sales increased for both new and used EVs, the market share for new EVs saw a slight decline. Inventory levels tightened across the board as recent tariff announcements influenced consumer behavior. New EV transaction prices rose, whereas used EV … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) rose sharply from March in the first 15 days of April. The mid-month Manheim Used Vehicle Value Index increased to 207.1, showing a rise of 4.3% from the full month of April 2024, with the seasonal adjustment dampening the non-adjusted price increase. The non-adjusted … Continued
New-vehicle affordability improved in March and reached the best level in 45 months, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Affordability is a key consideration for consumers when vehicle shopping and has been steadily improving over the last several years,” said Jonathan Smoke, chief economist at Cox Automotive. “In 2025, we have seen … 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