Key Highlights: Inflation Inflation accelerated in June, with the headline Consumer Price Index (CPI) up 2.7% year over year. The CPI data reflects early signs of inflation reacceleration tied to tariffs. Retail Sales Retail sales grew more than expected in June, with growth in most categories. Adjusting for inflation, retail sales were still higher year … Continued
Most Americans depend on personally owned vehicles for transportation, and the widespread availability of automotive financing has long played a crucial role in making vehicle ownership possible. This access to credit empowers consumers to purchase the vehicles they need, whether new or used, in good times and bad. As new-vehicle prices have increased over time, … Continued
The EV market in June showed signs of steady momentum, even as underlying dynamics continued to shift. New EV sales softened slightly, but market share climbed. Used EV sales dipped month over month but remained sharply higher than a year ago. Inventory levels, pricing and incentives all indicate a market adjusting to evolving consumer demand … Continued
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.7% from June in the first 15 days of July. The mid-month Manheim Used Vehicle Value Index was 206.9, showing a rise of 2.6% from the full month of July 2024. The seasonal adjustment reduced the results for the index in the month, which was … Continued
New-vehicle affordability improved slightly in June, reversing some of the deterioration following the announcement of new tariffs, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Tariffs remain a major headwind for vehicle affordability,” said Cox Automotive Chief Economist Jonathan Smoke. “Even with some trade relief, the added cost – up to $5,700 per imported … Continued
The cost of a new vehicle climbed higher in June, according to data released today by Kelley Blue Book, a Cox Automotive brand, but the average transaction price (ATP) increase was relatively mild and below the long-term average. New-vehicle sales incentives held mostly steady last month, increasing only modestly from May. The sales pace in … Continued
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 … Continued
Key Highlights: New-Vehicle Sales and Pricing The new-vehicle seasonally adjusted annual rate (SAAR) declined in June, but the retail SAAR increased and was higher than a year ago. Consumers are price-sensitive, so incentives are increasing again, and discounting is on the rise to keep retail sales moving. Prices were up modestly in June. Used-Vehicle Market … Continued
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of July showed little change month over month and remained largely unchanged compared to early July 2024. 2.21M Total UnsoldUsed Vehiclesas of June 30, 2025 45 Days’ Supply $25,512 Average Listing Price 73,003 Average Mileage As July opened, the … Continued
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in June1 decreased month over month compared to May. A total of 1.46 million used vehicles were sold at retail – from both franchised and independent dealers – during June, down 1.5% month over month and up 2.4% year over year. Days’ … Continued