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. View or download the 2020 CAMIO flipbook.

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13-Month Rolling Used-Vehicle SAAR 09/04/2020 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 down 4% year over year in August. We estimate the August used SAAR to be 38.0 million, down from 39.7 million last August and flat compared to July. The used retail… Read Article

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CPO Sales Beat Year-Ago Levels Again in July, Remain Down 9% Overall 08/17/2020 Sales of certified pre-owned (CPO) vehicles increased 8% year over year in July but were down 3% month over month compared to June. For July, 254,982 CPO units were sold. CPO sales were on a record-setting pace the first two months of the year before COVID-19 put the brakes on auto sales. Reflecting huge decreases in March and April, CPO sales are down 9% year to… Read Article

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Remarkable Decline in Fleet Sales Continues in June 07/10/2020 Year-over-year fleet sales continued its remarkable decline as the combined rental, commercial, and government purchases of new vehicles were down 69% in June. Total fleet volume was 85,104, down significantly from 277,615 in June 2019. Rental units continue to lead the drop with a 94.5% decrease year over year in June. The dismal June rental result follows drops in March (-34%), April (-77%) and May (-91%).… Read Article

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2020 Cox Automotive Market Insights and Outlook Flipbook Available 06/23/2020 The Cox Automotive Economic and Industry insights team's goal is to help automotive industry stakeholders make the best decisions for the future. The 2020 Cox Automotive Market Insights & Outlook flipbook makes accessing key data and insights easy. Replacing the hard copy version, this digital format allows readers to quickly find what they are looking for and can be downloaded as a PDF and easily printed. We hope you find… Read Article

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Record-Setting CPO Sales Volume Reversed in March by COVID-19 04/16/2020 Like the new- and used-vehicle markets, the CPO market struggled last month as mandated stay-at-home orders and dealership closings severely hampered vehicle sales. Sales of certified pre-owned (CPO) vehicles decreased 40% year over year in March. CPO sales were on a record-setting pace for the year before COVID-19 and ended down 33% month over month compared to February. For March, only 158,582 CPO units were sold. This… Read Article

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COVID-19 Puts Brakes on March Fleet Sales, Rental Units Down 34% 04/09/2020 Year-over-year growth in fleet sales began a strong decline compared to the prior year as combined rental, commercial and government purchases of new vehicles were down 27.6% in March. Total fleet volume in March was 229,725, down significantly from 317,427 in March 2019. Rental units led the drop with a 34% decrease while commercial vehicle sales were down 17.7% year over year in March. Retail sales… Read Article

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CPO Sales up 10% Month Over Month Following Record January 03/16/2020 Sales of certified pre-owned (CPO) vehicles increased 13% year over year in February and were up 10% month over month compared to January. For the month, 238,229 CPO units were sold. This year CPO sales are up 10% versus 2019, the all-time record for the CPO market, with 454,188 sold through February. This means that the CPO market is more than 40,000 units above last year and… Read Article

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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

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Incentives Are Helping Keep CPO Strong 02/28/2020 Thanks in part to a strong supply of off-lease vehicles returning to the market, certified pre-owned (CPO) sales continue to be a bright spot for the auto industry. CPO sales in January were healthy, and there’s nothing that makes us believe anything will be different in February. In fact, with tax return season on the horizon, CPO/loaner/used-vehicle sales will likely be strong for the foreseeable future.… Read Article

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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

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