Newsroom | Cox Automotive

Cox Automotive Mobility White Paper Explores Post-COVID-19 EV Market 09/21/2020 ATLANTA, Sept. 21, 2020 – While the electric vehicle (EV) market will take a hit in 2020, it will be more of a stall out than a vanishing act. Electric adoption is inevitable, but its pace is a big question. The latest white paper from Cox Automotive Mobility, titled “COVID-19 Recovery: Speed Bump or Accelerant for the EV Market?,” addresses the tailwinds, headwinds and whirlwinds impacting the… Read Article

Press Releases

U.S. Auto Dealer Sentiment Reaches Record High; Inventory Becomes Top Concern 09/08/2020 ATLANTA, Sept. 8, 2020 – According to the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. automobile dealers’ view of the current automotive market shows significant improvement and has mostly recovered from the historic, pandemic-driven drops in the second quarter. The overall current market index moved into positive territory in Q3 with a score of 56, a 36-point increase from last quarter. The… Read Article

Press Releases

Cox Automotive’s Statement on COVID-19 – Summary of Activities 08/25/2020 A Note from Cox Automotive CEO Sandy Schwartz Regarding COVID-19 Let’s just say this about COVID-19: We’re all in it together. Our job is to help make the automotive industry as good as it can be, and that has never been more apparent or more important than right now. Like so many others, Cox Automotive is looking for every opportunity to keep our people healthy, to… Read Article

Press Releases

Brand Experience Centers, At-Home Maintenance, Service Pick-up and Drop-off: These are the Modern Automotive Dreams, New Research Shows 01/22/2020 ATLANTA, Jan. 22, 2020 – It’s no secret the current car-buying experience has room for improvement and that few owners are looking forward to the next 3-hour wait while their vehicle is serviced. But what does an ideal automotive consumer experience actually look like? A new report from Cox Automotive released today provides a road map. Reimagining the Automotive Consumer Experience is a comprehensive look at… Read Article

Press Releases

All Press Releases Market Insights News Coverage

Week #32 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 10/27/2020 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

The Polls Are Calling for a Biden Win. Here’s What That Could Mean for the Auto Industry. 10/27/2020 My team and I have been relentlessly following the economy and the auto industry throughout this year, providing weekly video updates and useful analysis to help shed light on what’s happening in the market. Through the ongoing pandemic, we carefully tracked the fast decline in auto sales and have been measuring the faster than expected market recovery. And while the auto industry has not yet fully… Read Article

Market Insights Smoke on Cars Economy & Trends

Auto Market Weekly Summary 10/26/2020 Daily new COVID-19 cases continue an upward trend. As the month closes, we are seeing a new record set in daily cases, hitting the milestone of 80,000 a day over the weekend. In economic news, housing construction and home sales are the bright spots. Unemployment stands at record levels. Used-vehicle sales are slowing. Housing strong: Single-family construction and home sales continue to rise. The supply of… Read Article

Market Insights Smoke on Cars Economy & Trends

Cox Automotive Analyst Zo Rahim Breaks Down CPO Sales and Market Forecasts 10/23/2020 CBT News, Oct. 23, 2020 – While dealers struggle with new-vehicle inventory, used-vehicle sales have become an emphasis for many dealers. Despite this, certified pre-owned sales have struggled since the beginning of the COVID-19 pandemic. CPO sales have been on the decline ever since stores were forced to change their daily operations, and they remain down 7% overall. Zo Rahim, manager of economics and industry insights for… Read Article

News Coverage

Cox Automotive Commentary: GMC Hummer EV Launch 10/21/2020 Update – During Game 1 of the World Series last night, General Motors was hoping for a win as they showed for the first time the all-new GMC Hummer EV. GM is already calling it “the world’s first all-electric supertruck” and intends to have it in showrooms within a year, a fall 2021 launch. In fact, the new Hummer EV is just one of many EVs… Read Article

Market Insights Commentary & Voices

Cox Automotive COVID-19 Research: Pandemic Concerns Wane, Displaced by Politics 10/21/2020 Despite rising COVID-19 cases in many states, concerns about the pandemic seem to be waning and, in many cases, are being replaced by concern over the upcoming presidential election. Among U.S. automobile dealers, 43% believe COVID-19 and the upcoming election are both equally concerning, according to a study released today by the Cox Automotive Research & Market Intelligence team. Pandemic concern peaked in the second quarter… Read Article

Market Insights Data Point

Week #31 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 10/20/2020 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

Detroit Automakers Face Delicate Dance With Red-State Supporters 10/20/2020 Bloomberg, by Keith Naughton, Oct. 20, 2020 – Under the Trump administration, few industries have been singled out for scorn and threats from the White House as much as automakers. But even if President Donald Trump’s re-election bid falls short in November, American car companies have a much bigger constituent to answer to: their own red-state customer base. The delicate dance automakers have played with the… Read Article

News Coverage

Wholesale Prices Show Seasonal Strength 10/19/2020 Given the current turbulence in the automotive marketplace, the Cox Automotive Economic & Industry Insights team is publishing its mid-month view of the wholesale market, including wholesale prices. The posted material provides commentary and an updated look at the Manheim Used Vehicle Value Index for October and general information on segment performance for the first 15 days of October. Access the Mid-Month Update for the full report.… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Auto Market Weekly Summary 10/19/2020 Daily new COVID-19 cases continue an upward trend. The growth continues to accelerate and is creating higher hospitalizations as well. In terms of economic impact, overall inflation remains subdued while retail sales were stronger than expected Inflation in check: Headline and core inflation increased again in September but at a slower rate than in August, which was the highest level since March. However, there were big… Read Article

Market Insights Smoke on Cars Economy & Trends

Follow us on Twitter