Market Insights and Outlook - Cox Automotive Inc.

Data Point The automotive industry is a data-driven business. These are the data points that our team of experts and analysts find most interesting, offered with insights to explain why it matters and why you should know.

4 min read

Cox Automotive Analysis: Stellantis’ Q3 2021 Market Performance 10/27/2021 Stellantis reports third-quarter 2021 financial results on the morning of Thursday, October 28. The earnings of the company formed early this year with the combination of PSA Group (Peugeot) and Fiat Chrysler will reflect the impact of the global computer chip shortage. In Europe, where Stellantis is headquartered, the automaker was forced to make many production cuts and is in the process of rearranging products and… Read Article

Stellantis market performance Market Insights Data Point

5 min read

Cox Automotive Analysis: GM’s Q3 2021 U.S. Market Performance 10/26/2021 General Motors reports third-quarter 2021 financial results on the morning of Wednesday, October 27. The results will reflect GM’s production and inventory challenges due to the global computer chip shortage that cut into sales. In the U.S., which accounts for the bulk of GM’s revenue and profits, sales plunged by a third during the third quarter. GM underperformed the market, allowing Toyota to surpass it in… Read Article

GM General Motors market performance GM General Motors Market Insights Data Point

4 min read

Cox Automotive Analysis: Ford’s Q3 2021 U.S. Market Performance 10/26/2021 Ford reports third-quarter 2021 financial results after the stock market closes on Wednesday, Oct. 27. The results will show the continued impact of the production disruptions caused by the global computer chip shortage. Ford was hit early by the chip crisis. The automaker had to partially build vehicles, including its all-important F-150 pickup truck, and park them as they waited for chip orders. Ford curtailed production… Read Article

Ford market performance Lincoln Market Insights Data Point

2 min read

Big 6 Market Performance: Hyundai Motor Group Strong in Q3 10/25/2021 The third quarter of 2021 ended a few weeks back, and the Cox Automotive team is still sifting through data to help showcase how the market performed. In the U.S., six major automakers accounted for 74.7% of the total Q3 sales volume, down from 76.7% in the same period of 2020. The market witnessed big shifts in the quarter, though, driven mostly by inventory management issues… Read Article

market performance Market Insights Data Point

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Used-Vehicle Inventory Improves; Prices Approaching $27,000 10/21/2021 Used-vehicle inventory improved modestly in September as the average listing price kept climbing, now approaching nearly $27,000, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.30M Total UnsoldUsed Vehiclesend of September 43 Days' Supply $26,646 Average Listing Price 67,028 Average Mileage The total supply of unsold used vehicles on dealer lots across the U.S. edged higher to 2.30 million units at the end… Read Article

Inventory used-vehicle prices used-vehicle inventory Market Insights Data Point

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Still Growing: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units 10/20/2021 While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book. In fact, more than a million electrified vehicles have been sold so far in 2021. Sales of electrified vehicles – the combined total of electric vehicles (EVs), hybrids and plug-in hybrids… Read Article

Electric Vehicles EVs EV Electrified Vehicles Market Insights Data Point

3 min read

Cox Automotive’s Xtime Launches New Metrics To Track Service Department Activity 10/20/2021 In recent months, U.S. auto dealership profitability has soared. In fact, according to the Q3 2021 Cox Automotive Dealership Sentiment Index, franchised dealer profitability has never been higher, driven largely by strong demand and tight inventory of both new and used vehicles. In many cases, new vehicles have been selling at or above manufacturer’s suggested retail price (MSRP). Sales incentives are low as well. Revenue from… Read Article

Operations Service Fixed Ops Xtime Market Insights Data Point

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Wholesale Prices Increase Halfway Through October 10/19/2021 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.3% in the first 15 days of October compared to the month of September. This brought the Manheim Used Vehicle Value Index to 221.8, a 37% increase from October 2020. MANHEIM USED VEHICLE VALUE INDEXMid-October 2021 Manheim Market Report (MMR) prices saw strong gains through the first two full weeks of October. The… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

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13-Month Rolling Used-Vehicle SAAR 10/15/2021 Total used-vehicle sales were down 13% year over year in September, according to Cox Automotive estimates. This brought the seasonally adjusted annual rate (SAAR) of sales to 35.7 million*, down from 40.9 million last September and flat compared to August’s 35.7 million SAAR. Total used-vehicle sales volume last month was estimated at 3.0 million, marginally down from 3.1 million in August. Used-Vehicle SAAR and Volume "The… Read Article

used car SAAR Market Insights Data Point CAMIO

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10 Takeaways from U.S. Auto Sales: Q3 2021 10/15/2021 Inventory was the auto industry’s story in the third quarter of 2021. More specifically, a lack of new-vehicle inventory. It was the same story for grocery stores and big-box chains: supply disruptions, parts shortages and COVID-19 outbreaks. In September, new-vehicle inventory was down nearly 60% from 2020. Sales suffered accordingly. While certainly the central story, inventory was not the only story last quarter. As the… Read Article

U.S. auto sales Market Insights Data Point

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