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Smoke on Cars
Commentary & Voices
Data Point
Economy & Trends
CAMIO
1 min read
Register Today: Q1 2025 Cox Automotive Industry Insights and Sales Forecast Call
03/21/2025
The Q1 Cox Automotive Industry Insights and Sales Forecast Call will be hosted on Wednesday, March 26, at 11 a.m. EDT, shortly before the auto industry closes the book on the first quarter. In the upcoming webinar, Cox Automotive Chief Economist Jonathan Smoke, along with the Economic and Industry Insights team, will deliver an update on the U.S. automotive industry for March and the first quarter…
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sales forecast
Market Insights
Commentary & Voices
1 min read
Manheim Market Insights Series: Episode 31
03/21/2025
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle Value Index (MUVVI), days’ supply, affordability and electric vehicle prices both…
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Manheim Market Insights
Market Insights
Commentary & Voices
3 min read
EV Market Monitor – February 2025
03/20/2025
Last month, new electric vehicle (EV) sales slightly declined but reached a record high for February, with luxury brands performing well. Used EV sales also declined month over month but grew significantly year over year. Days’ supply increased for both new and used EVs but remained significantly lower than the prior year. Pricing trends showed a decrease in new EV transaction prices, aided by incentives, making them…
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Electric Vehicles
EV sales
EV Market Monitor
Market Insights
Data Point
4 min read
No Change in Rate Policy As Outlook Weakens
03/19/2025
The Fed left monetary policy unchanged today at the conclusion of the second scheduled meeting of 2025. Following a similar no-change decision in January, this meeting featured updated forecasts and future rate perspectives, and the updated outlook is for less growth, more inflation and higher unemployment. None of that is good news for the auto industry. The median expectation for rate cuts in 2025 remains two,…
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Market Insights
Smoke on Cars
Commentary & Voices
Economy & Trends
5 min read
Wholesale Used-Vehicle Prices Decreased in First Half of March
03/19/2025
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) dropped from February in the first 15 days of March. The mid-month Manheim Used Vehicle Value Index fell to 200.8, now showing a decline of 1.1% from the full month of March 2024. The seasonal adjustment worked against the March non-adjusted price increase. The non-adjusted price change in the first half of March rose 1.7%…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
5 min read
Cox Automotive Auto Market Report: March 18
03/18/2025
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…
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Auto Market Report
Market Insights
Smoke on Cars
Economy & Trends
3 min read
Auto Market Weekly Summary
03/17/2025
Key Highlights In February, year-over-year inflation and core inflation decreased. Consumer credit, excluding mortgages, experienced slower growth in January. Access to auto credit improved modestly in February, but channel and lender trends were mixed, according to the Dealertrack Credit Availability Index. Inflation Trends Inflation decelerated in February, with headline inflation declining to 2.8% year over year and core inflation declining to 3.1% year over year. According…
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Auto Market Weekly Summary
Market Insights
Smoke on Cars
Economy & Trends
2 min read
Retail Used-Vehicle Sales Jump in February, Up 16% Month Over Month
03/14/2025
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in February1 increased month over month compared to January. A total of 1.57 million used vehicles were sold at retail – from both franchised and independent dealers – during February, up 6% year over year. Days’ supply of used vehicles at the beginning of March was 42, down eight days from the beginning…
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used-vehicle sales
CPO sales
Market Insights
Data Point
3 min read
Used-Vehicle Inventory Tightens as Sales Surge in February, Driven by Tax Refunds
03/14/2025
According to the Cox Automotive analysis of vAuto Live Market View data, used-vehicle inventory levels at the start of March decreased from February and were lower than in early March 2024. 2.18M Total UnsoldUsed Vehiclesas of March 3, 2025 42 Days' Supply $25,006 Average Listing Price 71,298 Average Mileage As March opened, the total supply of used vehicles on dealer lots – franchised and independent – across the…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
New-Vehicle Affordability Improves Again in February
03/14/2025
New-vehicle affordability improved in February to the best level since the summer of 2021, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Affordability is relative,“ noted Jonathan Smoke, chief economist at Cox Automotive. “We’re back to a K-shaped economy where higher-income individuals are faring much better, while lower-income individuals face more challenges. In February, the average price of a new vehicle decreased again, improving affordability.…
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Vehicle Affordability Index
Cox Automotive/Moody's Analytics Vehicle Affordability Index
vehicle affordability
Market Insights
Data Point
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