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.

3 min read

Auto Sales Should Catch Up as Texas Thaws 02/18/2021 Winter storms that have swept across a large swathe of the U.S., particularly hitting hard the big vehicle-buying state of Texas, should not badly damage vehicle sales this quarter. In Texas, winter storms caused massive power outages that closed dealerships as well as disrupted computer chip production in Austin and vehicle assembly for GM and Toyota. The state historically accounts for 9% of all new-vehicle sales… Read Article

U.S. auto sales Market Insights Commentary & Voices

8 min read

Q4 2020 Kelley Blue Book Brand Watch Report: Tesla’s Star Fades While Other Luxury Brands Rise 02/10/2021 Tesla has been the rising star among luxury brands for the past couple of years, but the bright light of Tesla continues to fade as consumer perception and shopping consideration fell again, according to the Q4 2020 Kelley Blue Book Brand Watch Report. The Kelley Blue Book 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 Luxury Market Insights Commentary & Voices

4 min read

Cox Automotive Analysis: GM’s Q4 2020 U.S. Market Performance 02/09/2021 General Motors reports fourth-quarter and full-year 2020 financial results on Wednesday, February 10. Despite the pandemic, GM’s profit in comparison to last year should be favorable. Third- and fourth-quarter earnings in 2019 were clobbered by a 40-day strike by the UAW. In addition, GM gained traction with its redesigned full-size SUVs and increased sales of its pickup trucks – all vehicles that generate big profits for… Read Article

GM General Motors Market Insights Commentary & Voices

7 min read

Q4 2020 Kelley Blue Book Brand Watch Report: Hey, Bottom-for-Cars, Are We There Yet? 02/04/2021 Shopping consideration for pickup trucks overtook shopping consideration for cars during 2020’s fourth quarter, a first in the history of the Kelley Blue Book Brand Watch Report. SUV shopping reigned supreme. The Brand Watch Report is a consumer perception survey that also weaves in shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to a… Read Article

Kelley Blue Book Brand Watch Market Insights Commentary & Voices

2 min read

As the Car-Buying Process Moves Online, Satisfaction Jumps to an All-Time High 02/01/2021 We all know that 2020 created huge shifts in consumer habits and behaviors – from the way we shop, work, eat and even how our kids learn. Our world has become much more digital and companies have embraced contactless business models almost overnight. Of course, this shift to digital has had a profound impact on the automotive industry. During the Cox Automotive Experience, I presented key… Read Article

Digital Retailing Complete Retail Digitization of End-to-End Retailing Market Insights Commentary & Voices

1 min read

Cox Automotive Industry Insights 2021 Webcast Replay Available 01/11/2021 During the Cox Automotive Industry Insights 2021 Webcast held on Friday, January 8, Cox Automotive Chief Economist Jonathan Smoke was joined by Charlie Chesbrough, senior economist, and others. During this 90-minute session, they give a deep dive into the economy and auto industry – the new, used and wholesale vehicle markets for 2020, as well as our 2021 forecasts. Afterward, we turned our attention to the Manheim Used Vehicle… Read Article

Market Insights Commentary & Voices

1 min read

Six Predictions for the 2021 Automotive Market 01/08/2021 Predicting the future has long been a hazardous business, as crystal balls are more often anything but crystal clear. Indeed, consider any forecast offered in January 2020: An economy-crashing pandemic was not in the cards. Still, as we face a new year, the Research & Market Intelligence team at Cox Automotive has given thought to what lies ahead. Grounded by consumer and dealer research collected in… Read Article

Market Insights Commentary & Voices

1 min read

Cox Automotive Industry Insights 2021 Presentation Available 01/08/2021 Cox Automotive Chief Economist Jonathan Smoke and our Industry Insights team hosted a special webcast – "Cox Automotive Industry Insights 2021" – today, January 8, at 11 a.m. EST. Download the presentation. The focus of our event was a review of both the new- and used-vehicle markets for 2020, as well as our forecasts for the year ahead. Afterward, we turned our attention to the Manheim Used Vehicle Value Index,… Read Article

Market Insights Commentary & Voices

5 min read

Cox Automotive Commentary: December 2020 U.S. Auto Sales 01/05/2021 Good riddance, 2020! We’re closing the books on auto sales this week, and we’re glad to have our pandemic year in the rearview mirror. Our team is forecasting sales to end near 14.4 million, down roughly 15% compared to 2019 and putting 2020 on par with 2012, when the market was recovering from the Great Recession and tallied 14,442,599 new-vehicle sales. In all, 2020 was a… Read Article

Market Insights Commentary & Voices

15 min read

Cox Automotive Dealer Sentiment Index – Fourth Quarter 2020 12/14/2020 Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchised and independent auto dealers from around the country, the Cox Automotive Dealer Sentiment Index (CADSI) measures dealer perceptions of current retail auto sales and sales expectations for the next three months as “strong,” “average” or “weak.” The survey also asks dealers to rate new-vehicle sales and used-vehicle sales separately along with… Read Article

Cox Automotive Dealer Sentiment Index CADSI Market Insights Commentary & Voices

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