Bloomberg, April 1, 2019 — U.S. auto sales likely fell for a third straight month in March, as carmakers held the line on discounts and average new-car prices continued to climb. Most companies will report results on Tuesday. Retail sales, which exclude deliveries to rental-car companies and other fleet customers, probably were the lowest for any first … Continued

The Detroit News, April 1, 2019 — Higher new-vehicle prices and rising interest rates this year will drive more buyers to used vehicles or hang on to their old cars longer, industry experts believe. The average new vehicle sold for more than $36,000 in February, according to industry analysis company Edmunds.com. That’s a 29 percent increase from the $28,000 sale price a … Continued

Forbes, March 28, 2019 — When automakers report U.S. auto sales next Tuesday, the numbers are expected to once again be negative amid fluctuating consumer confidence, the threat of import tariffs and worsening affordability conditions. On a conference call with reporters covering first quarter results, analysts at Cox Automotive estimated sales of new cars and trucks … Continued

Forbes, March 28, 2019 — The r-word, for “recession,” came up a lot in a conference call with Jonathan Smoke, chief economist for Atlanta-based Cox Automotive, to discuss U.S. auto sales in March as well as the U.S. economy in general. Smoke described the economy as experiencing “rapid deceleration,” in a conference call on March 28. … Continued

Shift Magazine, March 25, 2019 — The definition of vehicle subscriptions is in flux, as the industry starts playing with the model to see what will work best. Subscription is not about “forcing our consumers in a single-use case,” Joe George, president of mobility solutions at Cox Automotive, said at the NADA Show in San … Continued

The Detroit News, March 22, 2019 — Republicans in Congress are increasingly willing to speak up in opposition to President Donald Trump’s proposal to place tariffs as high as 25 percent on imported autos as soon as May. And that could spell trouble for the president’s trade agenda in Congress. Trump has possession of a report from … Continued

Wards Auto, March 18, 2019 — A sideline of Joe George’s job as president of Cox Automotive’s Mobility Solutions unit is to reassure some skittish people that vehicle subscription programs and other new-age mobility services won’t doom the auto industry as we know it. “Mobility is an explosive word” in today’s changing transportation world, says George. … Continued