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Commentary Voices
All
Smoke on Cars
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1 min read
Manheim Market Insights Series: Episode 23
07/19/2024
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle Value Index (MUVVI), days’ supply, affordability and electric vehicle prices both…
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Manheim Market Insights
Market Insights
Commentary & Voices
1 min read
Q2 2024 Manheim Used Vehicle Value Index Call Replay Available
07/09/2024
A replay of the Q2 2024 Manheim Used Vehicle Value Index Call held on Tuesday, July 9, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a senior analyst on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. They were joined by Brad Burns, associate…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Commentary & Voices
1 min read
2024 Cox Automotive Mid-Year Review Replay Available
06/25/2024
A replay of the 2024 Cox Automotive Mid-Year Review webcast held on Tuesday, June 25, is available below. Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and other members of the Economic and Industry Insights team presented how the auto industry performed in the first half and what’s likely ahead, including updated 2024 Cox Automotive forecasts and the Cox Automotive 1H and June U.S. auto sales forecast. Plus, take…
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sales forecast
Mid-Year Review
U.S. auto sales
Market Insights
Smoke on Cars
Commentary & Voices
1 min read
2024 Cox Automotive Mid-Year Review Presentation Available
06/25/2024
The 2024 Cox Automotive Mid-Year Review will be held on Tuesday, June 25, at 11 a.m. EDT. The presentation is available for download. Download the Presentation Join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Economic and Industry Insights team for the 2024 Mid-Year Review. Our experts and analysts will review how the auto industry performed in the first half of the year and how…
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sales forecast
Mid-Year Review
U.S. auto sales
Market Insights
Commentary & Voices
5 min read
The Party Crashers Have Arrived, but the Auto Retail Celebration Isn’t Over Yet.
06/25/2024
Despite immense challenges during the pandemic and microchip shortage years, dealers will acknowledge it was the best time to be in the new car business, akin to an unforgettable college rager. They enjoyed an unprecedented financial boom, with return on sales soaring from 2% to over 6% at most publicly traded auto groups. To put that into perspective, a dealer who earned $1 million in net…
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Market Insights
Commentary & Voices
1 min read
Manheim Market Insights Series: Episode 22
06/20/2024
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle Value Index (MUVVI), days’ supply, affordability and electric vehicle prices both…
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Manheim Market Insights
Market Insights
Commentary & Voices
5 min read
Aiming to Defeat Inflation Decisively, the Fed Leaves Interest Rates Unchanged; Gives Clues on Timing of First Cut
06/12/2024
Calling the economic outlook uncertain and citing only “modest” progress toward their 2% inflation objective, the Federal Reserve announced today that it will maintain its benchmark Federal Funds rate in the 5.25% – 5.50% range. The Board of Governors were unanimous in their stance. The Fed’s decision to stand pat was not a surprise, as most Fed watchers expect rates to remain unchanged until macroeconomic data…
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Market Insights
Commentary & Voices
Economy & Trends
1 min read
Vanessa Ton Discusses the Barriers and Opportunities for EV Adoption by Dealers in the U.S.
06/05/2024
CBT News, June 4, 2024 – EV sales in the U.S. market surpassed 1 million units for the first time in 2023, but not everyone is on board just yet. On this episode of CBT Now, host Jim Fitzpatrick discusses the findings of Cox Automotive’s new 2024 Path to EV Adoption Study with Vanessa Ton, Senior Research and Market Intelligence Manager with Cox Automotive. Watch the episode
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News Coverage
Commentary & Voices
5 min read
AI, CDP, Hybrid Retailing? The Auto Retail Buzzwords to Know
05/22/2024
Between disruptive technologies, like AI, shifting consumer expectations and online car buying – it’s safe to say the automotive retail industry is constantly evolving. As the industry continues to change, so do the latest buzzwords. Currently trending buzzwords are not only reflective of the current and future state of the auto retail industry but can act as a call to action for dealerships to incorporate into…
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Market Insights
Commentary & Voices
1 min read
Manheim Market Insights Series: Episode 21
05/21/2024
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle Value Index (MUVVI), days’ supply, affordability and electric vehicle prices both…
Read Article
Manheim Market Insights
Market Insights
Commentary & Voices
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