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.

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Dealer Forward Marketing Edition: Shifting Consumer Preferences 09/15/2020 Welcome to Dealer Forward: Reimagining Automotive Retail, a panel discussion that focuses on building resilience in three key auto retail areas – marketing, dealership performance and fixed operations. In this week’s episode, Wayne Pastore, general manager of Dealer.com and vice president of operations for dealer marketing, at Cox Automotive, discusses tactical approaches to embrace shifting consumer preferences with Jeff Ramsey, eCommerce & marketing director at Jones Junction.… Read Article

Market Insights Commentary & Voices

Nikola and General Motors Announce a Strategic Partnership 09/08/2020 Electric vehicle startup Nikola Corp. and General Motors Co. announced that they are forming a strategic partnership that begins with the Nikola Badger and carries cost reductions through the range of Nikola vehicles. As part of the agreement, Nikola will use General Motors’ Ultium battery system and Hydrotec fuel cell technology. Cox Automotive analysts weigh in with their thoughts on this latest move from GM. Michelle… Read Article

Market Insights Commentary & Voices

Cox Automotive Dealer Sentiment Index – Third Quarter 2020 09/08/2020 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

GM and Honda to Form North American Alliance 09/03/2020 General Motors and Honda announced they have signed a non-binding memorandum of understanding to establish a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under each company’s distinct brands, as well as cooperation in purchasing, research and development, and connected services. As this news dominates today’s headlines, Cox Automotive analysts weigh in. Michelle Krebs, executive analyst,… Read Article

Market Insights Commentary & Voices

Cox Automotive Commentary: New Product for Jeep 09/03/2020 The Jeep brand is showing off new product today, a family of flagship new Wagoneer models and a hybrid-electric version of its stalwart Wrangler. On top of that, Jeep is expected to launch an all-new version of the popular Grand Cherokee model during calendar year 2021. As the Jeep brand shares today’s headlines with the General Motors and Honda announcement, we asked three Cox Automotive analysts to weigh in.… Read Article

Market Insights Commentary & Voices

August U.S. Auto Sales Results Show Recovery Remains on Track 09/01/2020 Hyundai, Toyota, Mazda and others posted August U.S. auto sales in line with expectations today, and Subaru posted its best sales month of 2020, despite limited inventory. August sales results won’t be fully known for a few days, but early indications are that the results will land near the Cox Automotive forecast released last week. Overall, the seasonally adjusted annual rate (SAAR) of sales in August… Read Article

Market Insights Commentary & Voices

Q2 2020 Kelley Blue Book Brand Watch Report: Luxury Vehicle Shopping Falls to Lowest Level in Two Years 08/19/2020 The coronavirus pandemic caused luxury vehicle shoppers to retreat more than non-luxury vehicle buyers. Shopping consideration for luxury vehicles in the second quarter slumped to its lowest level in more than two years, according to the Kelley Blue Book Brand Watch™ Report for Q2 2020. Similarly, U.S. luxury vehicle sales fell 35% in the second quarter of 2020. The Brand Watch Report is a consumer perception… Read Article

Kelley Blue Book Brand Watch Market Insights Commentary & Voices

Q2 2020 Kelley Blue Book Brand Watch Non-Luxury: Pickup Truck Shopping Sets Record 08/12/2020 Shoppers considered pickup trucks at record levels during the second quarter, aided by compelling incentives launched by automakers in response to the COVID-19 pandemic, including zero-percent financing for 84 months, according to the Kelley Blue Book Brand Watch™ Report for Q2 2020. The Brand Watch Report is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks… Read Article

Kelley Blue Book Brand Watch Market Insights Commentary & Voices

Cox Automotive Commentary: Cadillac Lyriq Reveal 08/06/2020 Cadillac will reveals its new Lyriq midsize crossover in a virtual launch event this evening. Part of a multi-billion-dollar electrification plan, the all-new Lyriq is the first in an upcoming portfolio of battery-electric vehicles from the Detroit-based luxury vehicle maker. Cadillac is spearheading General Motors’ shift to an all-electric future. The new EV will be built on GM’s next-generation battery electric architecture, including the advanced new… Read Article

Market Insights Commentary & Voices

July U.S. Auto Sales Results Show Recovery Continues 08/05/2020 UPDATED, Aug. 5, 2020 – Cox Automotive Senior Economist Charlie Chesbrough on July U.S. auto sales: “Our read of the numbers suggests sales in July ran at an annual pace of 14.5 million, notably stronger than our initial forecast and an indication the recovery continues to head in the right direction. The market remains well below last year’s levels, but has steadily increased since the depths… Read Article

Market Insights Commentary & Voices

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