Market Insights and Outlook - Cox Automotive Inc.

CAMIO The Cox Automotive Market Insights & Outlook (CAMIO) section covers both the new- and used-vehicle markets and takes advantage of a wide range of constantly-updated data and insights produced by the Industry Insights team.

3 min read

13-Month Rolling Used-Vehicle SAAR 03/05/2020 As another data point to monitor the health of the automotive market, Cox Automotive calculates a 13-month rolling used-vehicle seasonally adjusted annual rate (SAAR). According to Cox Automotive estimates, total used-vehicle sales volume was up 4.4% year over year in February. We estimate the February used SAAR to be 39.8 million, up from 39.4 million last February and up from January’s 39.5 million rate. The used retail SAAR… Read Article

used car SAAR Market Insights Data Point CAMIO

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Fleet Sales up Slightly in February, Continue to Track Lower Year Over Year 03/05/2020 Year-over-year growth in fleet sales continue to track lower than last year even as combined rental, commercial and government purchases of new vehicles were up 2.7% in February. Total fleet volume in February was 278,561, up slightly from 271,130 in February 2019. Commercial vehicle sales were up 8.7% year over year in February. Retail sales of new vehicles were up 9.9% in February, leading to a retail… Read Article

Market Insights Data Point CAMIO

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2020 Starts With Highest CPO Sales for January in a Decade 02/19/2020 Sales of certified pre-owned (CPO) vehicles increased 8% year over year in January, starting the year off with the highest CPO sales for January in a decade. For the month, 215,959 CPO units were sold according to an analysis of Motor Intelligence data, down 8% month over month compared to December, which is typically a high-volume month for CPO sales. The strong January CPO sales follow… Read Article

CPO Market Insights Data Point CAMIO

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January Fleet Sales Reflect Expected Slowdown 02/06/2020 Fleet drove the strength in the new-vehicle market for 2019 whereas 2020 is expected to be more moderate. Combined rental, commercial and government purchases of new vehicles were down 5.3% year over year in January. Total fleet volume in January was 205,926, down from 217,500 in January 2019. Commercial vehicle sales were up 3.7% year over year in January. Retail sales of new vehicles were up… Read Article

Market Insights Data Point CAMIO

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CPO Beats Sales Forecast, Sets All-Time Record in 2019 01/16/2020 Certified pre-owned (CPO) sales volume set another record in 2019 – marking the ninth consecutive year of record-breaking sales. CPO sales reached 2.80 million vehicles in 2019, up 4% from 2018, exceeding the Cox Automotive forecast of 2.75 million. 2019 was the last big year of growth in off-lease units as we reached a total of 4.1 million leased vehicles hitting the end of their lease… Read Article

Market Insights Data Point CAMIO

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December CPO Sales End Year at Record Level 01/16/2020 Sales of certified pre-owned (CPO) vehicles increased 5% year over year in December. For the month, 235,921 CPO units were sold, down 1% month over month compared to November, which set another CPO sales record for the year. 2019 ended the year with CPO sales up 4% versus 2018, with 2.8 million sales through December and exceeding 2018’s record-setting performance. This means that the CPO market for… Read Article

Market Insights Data Point CAMIO

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Average Days in Inventory for Used Vehicles Up Slightly for the Year 01/14/2020 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. We took a look back at used-vehicle inventory levels over the past three years. 2019 started with the lowest days in inventory in January with 74 days and ended the year on par with 2017 at 76 days in inventory. Compared… Read Article

Market Insights Data Point CAMIO

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Fleet Volume Continues to Cool Off in December 01/09/2020 Fleet was the driver of strength in the new-vehicle market for 2019 but continued to cool off in December. Combined rental, commercial, and government purchases of new vehicles were down 0.7% year over year in December. Commercial fleet sales were the strongest segment, up 14% in December. Total fleet volume in December was 220,034, down from 221,544 in December 2018. Retail sales of new vehicles were down… Read Article

Market Insights Data Point CAMIO

1 min read

CPO Sales Jump In November, Record In Sight 12/16/2019 Sales of certified pre-owned (CPO) vehicles increased 15% year over year in November and were up 3% month over month compared to October. For the month, 237,467 CPO units were sold. This year CPO sales are up 4% versus 2018, growing at a comfortable pace above 2018’s record-setting performance and exceeding 2.5 million sales through November. This means that the CPO market is just 127,000 units shy… Read Article

CPO Market Insights Commentary & Voices CAMIO

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Fleet Sales Continue to Cool Off, Still Up for the Year 12/06/2019 Strong fleet sales have supported the new-vehicle market this year, but growth is slowing down. Combined rental, commercial and government purchases of new vehicles were down 9.3% year over year in November. Total fleet volume in November was 184,793, compared to 203,777 in November 2018. Through November, fleet sales are up 3.2% and still on course to set an all-time volume record in 2019. Retail sales… Read Article

Market Insights Data Point CAMIO

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