icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube

Let's Put the Power of us to Work for You! Join us at NADA2023.

See what's new x

Wholesale Used-Vehicle Prices In November Down 14.2% Year Over Year

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 0.3% in November from October. The Manheim Used Vehicle Value Index (MUVVI) declined to 199.4, down 14.2% from a year ago. This is the first time the MUVVI has dropped below 200.0 since August 2021. The non-adjusted price change in November was a … Continued

The Fed’s Roller Coaster Ride Continues, Challenging the Market Outlook

Financial markets have taken another ride on the Wishful Thinking About Fed Policy roller coaster over the last week. Fed Chair Jerome Powell sent the invitation to come on board with a speech he gave last Wednesday, the final day of November, at the Brookings Institute. The speech gave markets what they wanted to hear. … Continued

November Fleet Sales Up Nearly 55% Year Over Year

Sales into large fleets, not including sales into dealer and manufacturer fleets, increased 8.2% month over month in November to 160,989 units, according to an early estimate from Cox Automotive. Combined sales into large rental, commercial, and government fleets were up nearly 55% year over year in November, the fifth consecutive month of double-digit, year-over-year … Continued

Cox Automotive Auto Market Report: December 6th

The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation.

Auto Market Weekly Summary: December 5

Job growth in November did not slow as much as expected or as desired by the Fed. The unemployment rate was steady at 3.7%, and wage growth accelerated. Jobless claims increased throughout November. Continuing claims have risen from historic lows but are at the highest levels in 38 weeks. Consumer spending growth accelerated in November … Continued

Register Today: Cox Automotive 2023 Industry Insights and Sales Forecast Call

Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the 2023 Industry Insights and Sales Forecast Call. Thursday, January 12 11 a.m. EST. As a new year dawns for the automotive industry, the team will give a deep dive into the economy and auto … Continued

Auto Market Weekly Summary: November 28

The release of new data was limited last week due to the Thanksgiving holiday. What news there was represented a mixed bag. New home sales were stronger than expected. Jobless claims increased. Consumer sentiment showed mixed views. The Fed released not surprising notes from its November meeting. New Home Sales and Inventory Deliver Surprising Increases … Continued

Cox Automotive Auto Market Report: November 22

The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation.

Manheim Market Insights Series: Episode 3

Welcome to the monthly Manheim Market Insights update. This monthly video is content offered by Kevin Chartier, vice president of Manheim Market Insights. In this video, Chartier shares a few of his thoughts on what we are seeing in the used wholesale and retail markets; all through the wide lens of data available from Cox … Continued

Auto Market Weekly Summary: November 21

Retail sales growth accelerated in October and was stronger than expected. Adjusted for inflation, retail sales were up slightly from a year ago. Residential construction slowed again in October, with single-family activity driving much of the decline. Existing home sales declined in October for the ninth straight month. Initial jobless claims declined in the latest … Continued