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Cox Automotive Inc.
7 min read
Cox Automotive’s Car Buyer Journey Study Reveals Record High Satisfaction Among New and EV Buyers 01/07/2025 ATLANTA, Jan. 7, 2025 – The 2024 Car Buyer Journey (CBJ) Study by Cox Automotive has unveiled record highs in new-car buyer satisfaction, driven by advancements in digital tools helping seamlessly integrate online and in-dealership activities. This seamless integration – known as an omnichannel buying experience – saves time, reduces repetition and ultimately improves satisfaction with the overall car-buying journey. The 2024 CBJ also highlights the growing… Read Article
Press Releases
7 min read
Optimism on the Rise Among Auto Dealers Following Decisive Election Results, Says Cox Automotive Q4 2024 Dealer Sentiment Index 12/11/2024 ATLANTA, Dec. 11, 2024 – The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. automobile dealers. The latest survey, conducted immediately following the national election in early November, indicates that while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. “The recent resolution of political uncertainty following the presidential election has cleared the path for… Read Article
Cox Automotive Dealer Sentiment Index CADSI Press Releases
8 min read
U.S. Automobile Dealer Sentiment Stumbles in Q3 as Political Climate Heats Up 09/06/2024 ATLANTA, Sept. 6, 2024 – The Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) shows automobile dealers in the U.S. continue to view the market as weak. The overall Q3 market sentiment index dropped to a score of 40, down from 42 in Q2 and 45 from a year ago, signaling a weakened market sentiment. “For more than two years now, after reaching peak profits in… Read Article
Cox Automotive Dealer Sentiment Index CADSI Press Releases
9 min read
U.S. Automobile Dealer Sentiment Index: As Market Uncertainty Grows, Dealers Remain Pessimistic and Cautious 06/10/2024 ATLANTA, June 10, 2024 – The latest Cox Automotive Dealer Sentiment Index (CADSI) remained stable from Q1 to Q2 2024 despite dealer uncertainty in the market and economy. The Q2 current market index score of 42 indicates most U.S. auto dealers see the market as weak. One year ago, the index was 45, also below the 50 threshold. The last time current market sentiment was above… Read Article
Cox Automotive Dealer Sentiment Index CADSI Press Releases
7 min read
Cox Automotive 2024 Path to EV Adoption Study Suggests Electric Vehicle Consideration Will Surge in Second Half of Decade 05/14/2024 ATLANTA, May 14, 2024 – A second, significant wave of shoppers ready to consider buying an electric vehicle (EV) is poised to begin entering the market in the second half of the decade, according to the latest findings from the 2024 Path to EV Adoption Study by Cox Automotive. The findings indicate that nearly half of all vehicle shoppers in market today are not even considering… Read Article
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4 min read
Access to Auto Credit Mixed in December 01/13/2025 In December 2024, the Dealertrack Credit Availability Index revealed a notable improvement in auto credit access across all channels and lender types. The All-Loans Index reached 95.5, marking a 0.2% increase from November and a 1.9% rise year over year. This is the highest level of auto credit access since March 2023. Dealertrack Credit Availability Index1 Auto loan access improved in December and was up year… Read Article
credit consumer credit Dealertrack Credit Availability Index auto loans Market Insights Data Point
3 min read
Electric Vehicle Sales Jump Higher in Q4, Pushing U.S. Sales to a Record 1.3 Million 01/13/2025 Sales of electric vehicles (EVs) in the U.S., according to the latest counts from Cox Automotive’s Kelley Blue Book, jumped 15.2% year over year in the fourth quarter of 2024 to 365,8241, setting a new volume record for any quarter. In 2024, full-year EV sales reached 1.3 million, an increase of 7.3% from the upwardly revised total in 2023. Sales of EVs in the U.S. benefitted… Read Article
Sales new-vehicle sales U.S. auto sales Electric Vehicles EVs EV Electrified Vehicles Market Insights Data Point
2 min read
Auto Market Weekly Summary 01/13/2025 Key Highlights Job growth was strong and much better than expected in December, affirming that the labor market has stabilized. The new-vehicle seasonally adjusted annual rate (SAAR) improved in December to the best level since April 2021. The used market was flat month over month but remained strong in year-over-year comparison; wholesale used prices declined modestly. Employment Trends Job growth was strong and much better than expected in… Read Article
Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends
3 min read
Cox Automotive Executive Vice President and vAuto Founder Dale Pollak Releases New Book, “Invested: The New Science, Strategy & System of Used Vehicle Investment Management” 01/08/2025 ATLANTA—Jan. 8, 2025—Cox Automotive Inc.’s, Executive Vice President and vAuto founder, Dale Pollak, has released “Invested: The New Science, Strategy & System of Used Vehicle Investment Management,” his latest book that challenges the fundamental beliefs and assumptions of used vehicle operations that have shaped the industry for more than a century. “Invested” is a new kind of playbook that offers dealers a path forward to profitability… Read Article
Press Releases
4 min read
Cox Automotive Reinforces Long Term Commitment to the Fleet Industry 01/08/2025 ATLANTA, Jan. 8, 2025 – Fleet Services by Cox Automotive today announced that it has acquired the remainder of its industry-leading Fleet Services business from minority owners Mike Dickinson and Ted Coltrain. Coltrain will retire from Fleet Services this month, while Dickinson will remain in a consultancy role to facilitate a smooth transition. With this move, Cox is further reinforcing its commitment to the Fleet Services… Read Article
Press Releases
1 min read
Q4 2024 Manheim Used Vehicle Value Index Call Replay Available 01/08/2025 A replay of the Q4 2024 Manheim Used Vehicle Value Index Call held on Wednesday, Jan. 8, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a senior analyst on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. They were joined by special guest Grace… Read Article
Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices
6 min read
Manheim Index: Used-Vehicle Values Stabilized in 2024, As Industry Faces Inventory Challenges in Year Ahead 01/08/2025 ATLANTA, Jan. 8, 2025 – After seeing used-vehicle values depreciate more than normal in the first half of the year, the Manheim Used Vehicle Value Index (MUVVI) ended 2024 at 204.8, an increase of 0.4% compared to year-earlier levels. While a gain of 0.4% is below the long-term average growth of 2.3%, the December reading was higher year over year for the first time since 2021.… Read Article
Manheim Used Vehicle Value Index MUVVI Press Releases
7 min read
Wholesale Used-Vehicle Prices Decreased in December 01/08/2025 Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in December compared to November. The Manheim Used Vehicle Value Index (MUVVI) fell to 204.8, an increase of 0.4% from a year ago. The seasonal adjustment to the index reduced the change for the month, as non-seasonally adjusted values declined at a higher rate. The non-adjusted price in December decreased by 0.8% compared… Read Article
Manheim Used Vehicle Value Index MUVVI Market Insights Data Point
7 min read
Cox Automotive’s Car Buyer Journey Study Reveals Record High Satisfaction Among New and EV Buyers 01/07/2025 ATLANTA, Jan. 7, 2025 – The 2024 Car Buyer Journey (CBJ) Study by Cox Automotive has unveiled record highs in new-car buyer satisfaction, driven by advancements in digital tools helping seamlessly integrate online and in-dealership activities. This seamless integration – known as an omnichannel buying experience – saves time, reduces repetition and ultimately improves satisfaction with the overall car-buying journey. The 2024 CBJ also highlights the growing… Read Article
Press Releases
5 min read
Cox Automotive Auto Market Report: Jan. 7 01/07/2025 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 indicators from Cox Automotive’s extensive data ecosystem. Download this week’s presentation… Read Article
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