Market Insights and Outlook - Cox Automotive Inc.

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.

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

Q3 2020 Kelley Blue Book Brand Watch Report: Luxury SUV Shopping Soars to New Heights 11/18/2020 Shopping for luxury SUVs soared to new heights in the third quarter, a trend likely to continue with the onslaught of upcoming new models, according to the Kelley Blue Book Brand Watch™ report for the luxury segment. The Brand Watch Report is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors… Read Article

Kelley Blue Book Brand Watch Market Insights Commentary & Voices

Q3 2020 Kelley Blue Book Brand Watch Report: SUVs Gain Steam as Pickups Take a Breather 11/11/2020 Shopping consideration for SUVs revved up again in the third quarter, boosted by new entries like the Toyota Highlander and stalwarts like the Honda CR-V and Toyota RAV4, according to the Kelley Blue Book Brand Watch™ Report for the non-luxury segment. The Brand Watch Report is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up… Read Article

Kelley Blue Book Brand Watch Market Insights Commentary & Voices

Cox Automotive Commentary: October Sales Show Continued Strength 11/03/2020 October U.S. auto sales were forecast by Cox Automotive to be up year over year, driven mostly by ongoing consumer demand for pickup trucks and SUVs. Initial results on Tuesday, Nov. 3, indicate that sales would close near forecast and, importantly, year-over-year sales growth, albeit small, is keeping the industry’s recovery on course. Year-to-date sales are now down less than 10% versus 2019, a reasonable figure considering the collapse… Read Article

Market Insights Commentary & Voices

How Much Longer Can This Keep Going? 11/03/2020 One of the most remarkable stories in the car business this year has been the extent to which new-vehicle sales have rebounded from the depths of April and May. October is forecast to be the second consecutive month of year-over-year volume increases, and the seasonally adjusted annual rate (SAAR) is expected to be 16.4 million! Back in April, nobody in their right mind would have bet… Read Article

Market Insights Commentary & Voices

Cox Automotive Commentary: GMC Hummer EV Launch 10/21/2020 Update – During Game 1 of the World Series last night, General Motors was hoping for a win as they showed for the first time the all-new GMC Hummer EV. GM is already calling it “the world’s first all-electric supertruck” and intends to have it in showrooms within a year, a fall 2021 launch. In fact, the new Hummer EV is just one of many EVs… Read Article

Market Insights Commentary & Voices

Q3 2020 Manheim Used Vehicle Value Index Call Replay Available 10/07/2020 A replay of the Q3 2020 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economic and industry insights for Cox Automotive, is available below. Jonathan and Zo were joined by Zach Hallowell, vice president, Manheim Digital, who shared an update on data and developments in digital at Manheim. This quarterly Manheim Used Vehicle Value Index… Read Article

Manheim Used Vehicle Value Index used vehicle market MUVVI Market Insights Commentary & Voices

Cox Automotive Commentary: Q3 U.S. Auto Sales Results 10/05/2020 UPDATED, Oct. 5, 2020 – September total new vehicle deliveries were up 6.1% year over year with two more selling days compared to September 2019. With those volumes, the September SAAR was 16.3 million, a 5% decrease from last year’s 17.1 million but an improvement from August’s 15.2 million. Oct. 1, 2020 – Earlier this week, Cox Automotive Chief Economist Jonathan Smoke posted his Fall 2020… Read Article

Market Insights Commentary & Voices

For Car Dealers It’s No Longer a Race To the Bottom, It’s a Race for Inventory 10/01/2020 Oh, how times have changed. It wasn’t long ago when new car dealers would say, “I don’t make any money selling new cars; I just give them away.” The harsh reality of this business has always been the extent to which the automakers set and control the rules of the game. And VOLUME has always been the name of their game. Since 2015, the new car… Read Article

Market Insights Commentary & Voices

Q3 2020 Cox Automotive U.S. Sales Forecast Call Replay Available 09/28/2020 During the Q3 2020 Cox Automotive U.S. Auto Sales Forecast Call held on Monday, Sept. 28, Chief Economist Jonathan Smoke was joined by Charlie Chesbrough, senior economist, Zo Rahim, manager of economic and industry insights, and Vanessa Ton, senior manager of market intelligence. Watch the event replay below to see how the auto industry performed in the third quarter, how consumer and dealer behavior is changing due… Read Article

Economy & Trends new-vehicle sales sales forecast Market Insights Smoke on Cars Commentary & Voices

The EV Decade Has Arrived 09/22/2020 September has been a busy month for EV news, and we still have a week to go. Last week Ford was touting (again) a new electric version of their best-selling F-Series pickup trucks, which is scheduled for launch in 2022 and will be built in an updated facility near company headquarters in Michigan. We also heard this month that General Motors has locked into a strategic… Read Article

Market Insights Commentary & Voices

Follow us on Twitter