Market Insights and Outlook - Cox Automotive Inc.

Smoke on Cars Chief Economist Jonathan Smoke shares his insights on macroeconomic trends, business cycles, demand and the economic factors influencing the automotive industry today. See Insights ›

Commentary & Voices Our team of analysts and experts share their reactions, insights and unique perspectives on the behaviors, data and industry moves that are affecting the broader automotive business. See Insights ›

Data Point The automotive industry is a data-driven business. These are the data points that our team of experts and analysts find most interesting, offered with insights to explain why it matters and why you should know. See Insights ›

Economy & Trends Dynamic economic factors and market trends continually influence our industry, and Cox Automotive’s economists and analysts provide data analysis, forecasts and reports to enhance the understanding of how these factors affect the automotive marketplace. See Insights ›

All Smoke on Cars Commentary & Voices Data Point Economy & Trends

Enhanced Manheim Express Mobile App Helps Dealers Make Smarter, Faster Buying Decisions 01/22/2019 ATLANTA, January 22, 2019 – As dealers look for more efficiencies, Manheim continues to invest in its digital marketplace to help them buy and sell vehicles wherever and whenever it makes the most sense for them. At NADA 2019, Manheim will showcase a new addition to the Manheim Express app—an in-app buyer experience that helps dealers quickly and confidently purchase fresh, local inventory. With revolutionary 360-degree… Read Article

Press Releases

Auto Market Weekly Summary 01/22/2019 Now the longest in history and stretching beyond 30 days, the government shutdown is having a negative impact on consumer confidence and the economy. It also has hindered our ability to get a full read on the economy since some government-provided data is unavailable due to the shutdown. Looking ahead: We’ll watch for any sign that the government shutdown is nearing an end. We’ll monitor home sales,… Read Article

Market Insights Smoke on Cars

Tesla Targets 7 Percent Reduction in Workforce 01/18/2019 Earlier today, in an email to employees, Elon Musk confirmed plans to shed approximately 7 percent of the Tesla workforce. Noting the layoffs are a rightsizing after a 30 percent increase in staffing in 2018, Musk also confirmed his view that “the road ahead is very difficult.” Below you will find commentary from a few of our analysts. Cox Automotive’s team of experts is expecting most… Read Article

Market Insights Commentary & Voices

Vehicle Names from the Past Can Still Resonate 01/17/2019 Automakers have been digging into their archives to bring back vehicle names from the past for fresh versions of the models. Two such blast-from-the-past names, the Chevrolet Blazer and Ford Ranger, just became available for shopping as new 2019 models on Kelley Blue Book and Autotrader. Based on a Kelley Blue Book poll of consumers last summer, General Motors and Ford were smart to bring back… Read Article

Market Insights Commentary & Voices

More mobility choices, fewer new-vehicle retail sales, Cox Automotive study predicts 01/17/2019 If car-sharing, ride-hailing and car-subscription services were as widely available as traditional car ownership through purchases and leases, consumers would rely “significantly less” on traditional car ownership and new-vehicle retail sales could tumble much as 29 percent. Conversely, fleet sales would increase. So predicts Phase 3 of Cox Automotive’s Evolution of Mobility Study, outlined Sunday as part of a press briefing here, just prior to the… Read Article

News Coverage

Economist: Auto industry could create the next recession 01/17/2019 The North American International Auto Show in Detroit will once again give car lovers reasons to brave the crowds and the cold, such as a chance to see the 2020 Ford Shelby GT 500 in the steel flesh. But the auto show's backstory is clouded by potential economic stumbling blocks at every corner — ranging from pinched pocketbooks to stormy trading on Wall Street to a… Read Article

News Coverage

Cox Automotive Industry Update Report: January 2019 01/17/2019 The January 2019 Cox Automotive Industry Update Report shares Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry. ECONOMIC INDICATORS Wages and incomes continue to grow faster than prices, so consumer spending power continues to improve. However, the fact that higher wage growth is trickling into higher core… Read Article

Market Insights Economy & Trends

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

Cox Automotive Industry Insights Breakfast Kicks Off Detroit Auto Show 2019 01/17/2019 Cox Automotive kicked off the 2019 North American International Auto Show with the 6th annual Cox Automotive Industry Insights Breakfast, an event for business and trade media. Company leaders gave a sneak peek into some NADA ’19 launches, shared thoughts and analysis of the health of the industry and took a look at which companies won and lost in 2018 and why. They also offered an… Read Article

Market Insights Commentary & Voices

Cox Automotive Debuts Third Phase of Evolution of Mobility Study Series 01/17/2019 This week, Cox Automotive debuted the third phase of its Evolution of Mobility Study series. The first two phases explored consumer and dealer attitudes toward emerging transportation options, and painted a complete picture of the mobility landscape as it exists today. The third phase highlights the impact that broad access to new forms of mobility will have on adoption, as well as the price points at… Read Article

Market Insights Commentary & Voices Economy & Trends