Newsroom | Cox Automotive

A Tale of Two Realities: Franchised and Independent Dealers See Two Different Auto Markets, Latest Cox Automotive Study Finds 09/16/2019 ATLANTA, Sept. 16, 2019 – According to the Q3 2019 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. automobile dealers view the current market as negative, with an index score of 48. The slight decrease from Q2’s score of 49 was not statistically significant. The index reading of 48 indicates that slightly more dealers feel that the current market is weak compared to the number… Read Article

4 min read

Younger Generations Could Provide Answer to Dealership Turnover Issue 07/23/2019 ATLANTA, July 23, 2019 – As employee turnover across the U.S. reaches new heights and competition for talent redefines the workforce, dealerships find themselves at the epicenter of the struggle to attract and retain skilled workers. Fortunately, the Cox Automotive 2019 Dealership Staffing Study reveals an optimistic forecast with younger generation showing a greater interest in dealership jobs than older generations. According to the latest study,… Read Article

Press Releases

4 min read

Car Buyers Visiting Fewer Dealerships, Making Faster Decisions as Online Engagement Rises 04/15/2019 ATLANTA, April 15, 2019 – According to a new study released today by Cox Automotive, budget-minded, time-strapped, tech-savvy U.S. car buyers are spending a higher percentage of their shopping time online and less total time in market as they hunt for their perfect ride. The 2019 Cox Automotive Car Buyer Journey study also indicates consumers continue to be frustrated by new-vehicle prices and are more likely than… Read Article

Press Releases

5 min read

Head of the Class: Ford, Mercedes-Benz Named Valedictorians in New Retail Brand Scorecards Study 01/24/2019 SAN FRANCISCO, Jan. 24, 2019 – As auto dealers from across the country gather in San Francisco for the annual NADA convention, top honors were given to Ford and Mercedes-Benz in the non-luxury and luxury categories, respectively, in a new study released today. The comprehensive study measures and compares core brand attributes that most impact dealer performance. The Retail Brand Scorecards are compiled by Cox Automotive… Read Article

Press Releases

7 min read

Retail Auto Sales to Drop Further as Alternatives to Ownership Become More Accessible and Affordable, According to Final Phase of Cox Automotive Evolution of Mobility Study 01/17/2019 ATLANTA, January 17, 2019 – Retail auto sales in the U.S. could drop as much as 29 percent as alternatives to traditional vehicle ownership becomes more accessible and affordable, decreasing the amount of miles consumed by personally owned vehicles. This is the key finding in Phase No. 3 of the Cox Automotive Evolution of Mobility Study, released today. The latest study shows how the cost of… Read Article

Press Releases

All Press Releases Market Insights News Coverage

4 min read

New-Car Prices Rising, But for Much Different Reasons 10/14/2019 WardsAuto, Oct. 14, 2019 - Product affordability has become a big auto industry issue, but what’s causing the steady rise in new-car transaction prices? Part of it is that automakers are putting more advanced technology systems into their vehicles, making some of them semi-autonomous in their ability to do things such as automatically brake and maintain lanes to avoid collisions. “We need to make sure new vehicles,… Read Article

News Coverage

3 min read

10 Takeaways from U.S. Auto Sales in September 10/14/2019 September sales volumes were lower as expected, with fewer selling days and no Labor Day weekend in the mix. Compared to 2018, industry volume was down 11%. The sales pace was still relatively healthy though, thanks in part to strong fleet performance and healthy incentives during this model year sell down season. Our Kelley Blue Book team ran all the numbers for September. Here are 10… Read Article

Market Insights Data Point

3 min read

Auto Market Weekly Summary 10/14/2019 The stock market snapped a three-week losing streak thanks to a bounce Friday related to the announcement of a new “skinny (trade) deal” between the U.S. and China that found common ground on a narrow set of terms and postponed an additional hike in U.S. tariffs set to happen this week. Inflation benign: The economic data last week was also fairly positive with benign inflation affirming… Read Article

Market Insights Smoke on Cars

4 min read

This Week in Car Buying 10/11/2019 Kelley Blue Book’s Senior Managing Editor Matt DeLorenzo writes This Week in Car Buying, a weekly column on KBB.com. In this week’s news, Matt tells us that prices on Cadillac’s second all-new sedan to bow this year, the 2020 Cadillac CT4, which replaces the previous ATS sedan, will run between $33,990 and $36,590. In celebrating Fiat’s 120th anniversary as a company, Fiat Chrysler Automobiles launched the 2019 Fiat… Read Article

Market Insights Commentary & Voices

5 min read

Quarterly Light-Vehicle Sales Report – Q3 2019 10/11/2019 Overall industry performance in Q3 finished near the Cox Automotive forecast and down just slightly from year-ago levels. The market was fairly stable as the industry experienced three consecutive months near a 17.0 million seasonally adjusted annual rate (SAAR). Data highlights for new-vehicle sales are assembled in a report published quarterly by Kelley Blue Book. This report includes: Summary by brand, manufacturer and segment (quarterly and year-to-date sales… Read Article

Market Insights Data Point

3 min read

Used-Car Price Tumble Spells Trouble for the U.S. Auto Market 10/11/2019 Bloomberg, Oct. 11, 2019 – Falling used-car prices last month were a major contributor to subdued inflation for the U.S. economy. Auto analysts warn this could be a lasting trend with major negative implications for new-vehicle demand. The 1.6% monthly drop in used-car prices last month was the biggest decline in a year, a Labor Department report showed Thursday. The overall core consumer price index increased… Read Article

News Coverage

3 min read

Days in Inventory Tracking Higher for Used Vehicles 10/10/2019 It is important to look at average days in inventory for retail used vehicles because as used retail inventory ages, dealers begin to slow wholesale purchases. 2017 began with the most days in dealer inventory for used vehicles, for all three years, with the month of January having an average of 91 days as measured by vAuto and illustrated in the chart above. After beginning the… Read Article

Market Insights Data Point

3 min read

GM Inventory Remains Robust Despite Strike 10/08/2019 An analysis by the Cox Automotive Industry Insights team indicates General Motors continues to have ample supply of new vehicles to sell, despite a strike and work stoppage that has entered its fourth week. According to Cox Automotive estimates, GM’s September sales were down by just over 11%, generally in line with the overall market. Total Q3 sales, as reported by the automaker last week, were… Read Article

Market Insights Data Point

4 min read

Replay of Q3 Manheim Used Vehicle Value Index Call Available 10/08/2019 A replay of the Q3 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented Cox Automotive's Manheim Used Vehicle Value Index, the automotive industry’s only used vehicle index that is both seasonally adjusted and adjusted for changes in mix and… Read Article

used cars used-vehicle prices Manheim Used Vehicle Value Index used vehicle market Market Insights Commentary & Voices

3 min read

Fleet Gains Keep Sales Pace Above 17 Million 10/07/2019 Automotive News, Oct. 7, 2019 -- The numbers looked ugly, but U.S. auto sales weren't really that bad in September, considering hefty fleet volumes and a shift in the calendar. The industry's seasonally adjusted, annualized selling rate came in at an estimated 17.16 million, according to the Automotive News Data Center. That would be the fourth-highest level of 2019 so far and the strongest of the third… Read Article

News Coverage

Sign up here to receive bi-weekly updates on news and trends dominating the automotive industry.

@CoxAutomotive