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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

Kelley Blue Book Report: New-Vehicle Prices Climb in November, While Higher Incentives Continue to Entice Buyers 12/11/2024 New-vehicle prices in November climbed higher year over year for the second straight month, according to data from Kelley Blue Book released today. Last month, the average transaction price (ATP) for a new vehicle was $48,724, an increase of $699, or 1.5%, from November 2023. The November ATP was also higher by $720 compared to the downwardly revised ATP in October of $48,004. NEW-VEHICLE AVERAGE TRANSACTION… Read Article

ATP average transaction price new-vehicle prices Market Insights Data Point

Cox Automotive Auto Market Report: Dec. 10 12/10/2024 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

Auto Market Report Market Insights Smoke on Cars Economy & Trends

Expert Outlooks: Isabelle Helms 12/10/2024 Cox Automotive experts are here to help you make the most of NADA2025 and the year ahead. During this past year, the Research and Market Intelligence team at Cox Automotive connected with thousands of consumers and dealers on a variety of topics impacting the automotive industry. From affordability to electrification to car buying and more, we uncovered and delivered insights you can take action on to… Read Article

Speaker Sessions Economy & Trends

Register Today: Cox Automotive Industry Insights and Forecast 2025 Call 12/09/2024 The Cox Automotive Economic and Industry Insights team looks forward to providing even more actionable and thought-provoking insights in 2025. Register now for the Cox Automotive Industry Insights and Forecast 2025 call, scheduled for Tuesday, Dec. 17, at 11 a.m. EST. Traditionally, the Industry Insights webcast is hosted in January to kick off the new year. This year, the event is moved up to deliver the 2025 forecast well before the… Read Article

Market Insights Commentary & Voices

Auto Market Weekly Summary 12/09/2024 Key Highlights Job growth showed a strong recovery in November. The new-vehicle seasonally adjusted annual rate (SAAR) improved to its best levels in November since May 2021. The used-car market also witnessed increasing sales in November. Economic Labor Trends Steady job growth was witnessed in November as the job market recovered from Hurricane Milton's disruptions in October, indicating a stable labor market environment. There was a… Read Article

Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends

Wholesale Used-Vehicle Prices Increase in November 12/06/2024 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were higher in November compared to October. The Manheim Used Vehicle Value Index (MUVVI) rose to 205.4, an increase of 0.2% from a year ago. The seasonal adjustment to the index amplified the change for the month, as non-seasonally adjusted values declined slightly. The non-adjusted price in November decreased by 0.1% compared to October, moving… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Auto Market Weekly Summary 12/02/2024 Key Highlights The increase in third-quarter real GDP was unchanged at 2.8%, with personal consumption revised down to 3.5% from 3.7%. Plans to purchase a vehicle in the next six months remained high despite a slight decline from October. Consumer confidence rose by 2.8% in November, with plans to purchase vehicles remaining high. GDP The increase in third-quarter real GDP was unchanged at 2.8%, reflecting steady… Read Article

Auto Market Weekly Summary Market Insights Smoke on Cars Economy & Trends

Cox Automotive Auto Market Report: Nov. 26 11/26/2024 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

Auto Market Report Market Insights Smoke on Cars Economy & Trends

Cox Automotive Forecast: November New-Vehicle Sales Pace Holds Steady as Market Appears Poised to End 2024 on a Strong Note 11/26/2024 Updated, Dec. 4, 2024 – U.S. auto sales in November 2024 beat expectations, showcasing strong momentum as the year approaches its close. While initial forecasts anticipated a sales pace of 16.0 million with a volume of 1.32 million vehicles, the latest data suggests the industry is on track to hit a seasonally adjusted annual rate (SAAR) of 16.5 million – the strongest pace in over three… Read Article

new-vehicle sales sales forecast SAAR Press Releases

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