Key Highlights The worry is not about the data released last week but about the tariff policies that have started a global trade war. Employment Trends Job growth accelerated in March and exceeded expectations, but prior job numbers were revised down, the unemployment rate increased, and wage growth decelerated. With tariffs destined to drive inflation … Continued
It’s on! As our Chief Economist Jonathan Smoke feared, the “unthinkable” has happened. New automotive-specific tariffs of 25% on all imported vehicles are now in place. Finished automobiles are no longer flowing freely across North America, and key automotive free trade agreements have been scrapped. This significant shift in the automotive landscape is already creating … 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 We are ending March like we did February, with tariffs on autos just around the corner, but this time, it’s on all imports, and it looks like this is really happening. Economic Overview The third and final estimate of fourth-quarter data revised real GDP growth higher to 2.4%, a deceleration from the 3.1% … Continued
The Cox Automotive Economic and Industry Insights team reported on the U.S. auto market performance during the Q1 Industry Insights and Sales Forecast Call on Wednesday, March 26. As the call was taking place, everyone was keenly aware that the auto industry was one week from the “unthinkable,” as Chief Economist Jonathan Smoke called it: … Continued
Earlier this year, we unveiled the 15th edition of the Cox Automotive Car Buyer Journey Study. For 15 years, we’ve been tracking the twists and turns in the car buying journey focusing on new- and used- vehicle buyers. From the get-go, we’ve invested in this annual study not just to guide our strategy here at … Continued
A replay of the Cox Automotive Industry Insights and Forecast 2025 Call held on Wednesday, March 26, 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 first quarter, covering the new, used and electrified markets with insights and data from Cox Automotive. The team also … Continued
Reliable data and smart insights are crucial for navigating the ever-changing market conditions of the dynamic auto industry. Fueled by the largest breadth of first-party data fed by 2.3 billion online interactions a year, the Cox Automotive Economic and Industry Insights team collects, analyzes and shares the best information possible. CAMIO 2025 The Cox Automotive Market … Continued
Cox Automotive provides forecasts on the new and used vehicle markets, leasing, fleet and CPO sales, and the Manheim Used Vehicle Value Index. Updates to the full-year 2025 forecasts were announced during the Q1 Cox Automotive Industry Insights and Sales Forecast Call on March 26. The Economic and Industry Insights team reviews the forecasts quarterly … Continued
The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be held today, March 26, at 11 a.m. EDT. The presentation is available for download. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team will provide an update on the U.S. automotive market for the first quarter, covering the new, used and electrified markets with insights … Continued