Market Insights and Outlook - Cox Automotive Inc.

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

3 min read

Large Dealer Groups Continue to See Used-Vehicle Sales Gains in Q2 08/07/2019 New-vehicle sales remain weak versus last year and are down 2% year-to-date in 2019. It would be worse without strong fleet sales. Retail sales are down 3% and fleet sales are up 6% this year. The used-vehicle market, on the other hand, continues to see favorable performance. Affordability concerns driven by higher vehicle prices and interest rates have reduced the pool of people who can afford… Read Article

Market Insights Data Point CAMIO

3 min read

Fleet Sales Gain in July, Continue Record Pace 08/05/2019 As has been the case all year, July saw a gain in fleet sales with roughly 175,000 units entering various fleet channels. Combined rental, commercial and government purchases of new vehicles were up 8% year over year in July, but down 37% month over month. The commercial fleet channel was up 30% year over year in July. July Fleet Sales Retail sales of new vehicles were… Read Article

CAMIO Fleet Market Insights Data Point CAMIO

3 min read

CPO Sales on Pace to Break 2018 Record 06/18/2019 Sales of certified pre-owned (CPO) vehicles increased 1% in May compared to May 2018 and were up 8% compared to April. For the month, 251,863 CPO units were sold. This brings the total CPO sales for 2019 to 1,162,441 units. This year CPO sales are up 2% versus 2018, growing at a comfortable pace above 2018’s record-setting performance. As the used-vehicle market continues to see strong consumer… Read Article

Market Insights Data Point CAMIO

30 min read

Cox Automotive Market Insights & Outlook Flipbook Available 05/17/2019 The Cox Automotive Economic Industry insights team's goal is to help automotive industry stakeholders make the best decisions for the future. The 2019 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 this… Read Article

Market Insights CAMIO

5 min read

Repos Remain Stable While Subprime Delinquencies Hit 10-Year High 05/16/2019 In 2018, the auto market benefited from an increase in aggressive auto lending that resulted in growth in subprime lending for the first time since 2015. Auto lending grew by 2.7% last year, supported by a 3.1% gain in subprime dollar volumes. This aggressiveness was encouraged by low defaults and higher recoveries that were related to the strong economy. But even before the year ended, the market began seeing an increase in severe delinquencies. At… Read Article

Market Insights CAMIO

3 min read

April Fleet Sales Decline 24% 05/13/2019 New-vehicle retail sales were down 2% in April, leading to a retail seasonally-adjusted annual rate of 13.5 million units, down from 14.1 million last April. The affordability issue is likely to impact the retail side of the market more than the fleet side which will support gains in fleet share over the course of the year. However, combined rental, commercial and government purchases of new vehicles were… Read Article

Market Insights Data Point CAMIO

3 min read

Fleet Sales See Continued Strength, Increase 16% in March 04/10/2019 Like the used market, the new-vehicle market showed weakness in March. March new-vehicle sales were down 2.2% year-over-year, with one less selling day compared to March 2018. However, the March 2019 SAAR came in at 17.5 million, improving versus last year’s 17.2 million. Cars continue to see declines, as sales in March fell 7.9% compared to last year. Light trucks outperformed cars in March, finishing the… Read Article

CAMIO Market Insights Data Point CAMIO

3 min read

2019 Wholesale Volume Through Digital Channels Expected to Increase While In-Lane to Drop Slightly 04/08/2019 The wholesale market plays a central role in facilitating the flow of used vehicle inventory. Like 2018, this year is poised to be a great year for offsite digital volume growth. That does not mean traditional auction volume will collapse, but growth in the flow of vehicles will favor non-tradition channels and not the physical lanes. Dealers do not need to consign as many vehicles when… Read Article

Market Insights Data Point CAMIO

2 min read

Fleet Sales Increase More Than 25 Percent in February 03/07/2019 Unlike the used market, the new-vehicle market showed no signs of improvement in February over January. New-vehicle retail sales were down 4 percent in February, leading to a retail SAAR of 13.0 million, down from 13.5 million last February. February new-vehicle total sales were down 2.4 percent year-over-year, with the same number of selling days compared to February 2018. The February total SAAR came in at 16.5 million,… Read Article

Market Insights Data Point CAMIO

3 min read

Daily Rental Leads January Fleet Sales Increase 02/06/2019 As expected, U.S. new-vehicle sales in total were down in January compared with a year ago, but they came in a tad higher than many had forecasted. They likely got a bump for more-than-anticipated fleet sales, notably sales to daily rental car companies. Total fleet sales rose 10 percent in January, led by a 16-percent gain to daily rental companies and a nearly 6-percent rise to… Read Article

Market Insights Data Point CAMIO

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