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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.
All
Smoke on Cars
Commentary & Voices
Data Point
Economy & Trends
CAMIO
Select a Category:
Data Point
All
Smoke on Cars
Commentary & Voices
Data Point
Economy & Trends
CAMIO
2 min read
Tax Refund Season Draws To A Close With Retail Used-Vehicle Sales Up More Than 5% Year Over Year
04/19/2024
Used-vehicle inventory levels at the start of April were lower than in March, according to the Cox Automotive analysis of vAuto Live Market data, as healthy sales fueled by tax refunds drew supply down to the lowest level since the spring of 2023. 2.22M Total UnsoldUsed Vehiclesas of April 4, 2024 44 Days' Supply $25,540 Average Listing Price 69,232 Average Mileage The total supply of…
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Inventory
used-vehicle prices
used-vehicle inventory
Market Insights
Data Point
2 min read
New-Vehicle Inventory Increases While Steady Sales Pull Down Days’ Supply
04/18/2024
April opened with 72 days of new-vehicle supply across the industry, down seven days from the start of March, as higher volumes in recent weeks helped to keep inventory in check. According to Cox Automotive’s analysis of vAuto Live Market View, the total U.S. supply of available unsold new vehicles opened April at 2.77 million units. That is 870,000 units – or 46% – above a…
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Inventory
new-vehicle inventory
new-vehicle prices
Market Insights
Data Point
5 min read
Wholesale Used-Vehicle Prices Decrease in First Half of April
04/17/2024
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased by 1.9% from March during the first 15 days of April. The mid-month Manheim Used Vehicle Value Index dropped to 199.2, which was 13.7% lower than the full month of April 2023. The seasonal adjustment amplified the results. The non-adjusted price change in the first half of April declined by 0.2% compared to March,…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
2 min read
Used Retail Vehicle Sales Increase in March
04/15/2024
According to vAuto Live Market View data estimates, retail used-vehicle sales in March increased from February and were up by 18.5% month over month. A total of 1.66 million used vehicles were sold at retail – from both franchised and independent dealers – during March, up 10.9% year over year and the highest volume since March 2022. In what is usually a high month for used-vehicle sales, sales…
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used-vehicle sales
CPO sales
Market Insights
Data Point
2 min read
New-Vehicle Affordability Improves in March
04/15/2024
Trends in new-vehicle affordability factors moved in support of consumers again in March, according to the Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “The positive moves were assisted by the first material decline in interest rates in over two years,” said Cox Automotive Chief Economist Jonathan Smoke. “However, given the move-up in rates so far in April, that decline is likely to be short-lived.” Along with the…
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Vehicle Affordability Index
Cox Automotive/Moody's Analytics Vehicle Affordability Index
vehicle affordability
Market Insights
Data Point
5 min read
New-Vehicle Average Transaction Prices Drop to Lowest Level in nearly Two Years, According to Latest Kelley Blue Book Estimates
04/12/2024
ATLANTA, April 12, 2024 – New-vehicle transaction prices (ATP) in March 2024 held mostly steady, according to an analysis by Kelley Blue Book, down 1% from the revised February ATP. Last month, the average transaction price of a new vehicle in the U.S. was $47,218, down 1% from March 2023 and down 5.4% from the market peak in December 2022. Still, new-vehicle prices in the U.S. remain higher…
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ATP
average transaction price
new-vehicle prices
Market Insights
Data Point
4 min read
EV Sales Growth Slows; Market Leader Tesla Stalls
04/11/2024
Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, according to Kelley Blue Book counts. EV share of total new-vehicle sales in Q1 was 7.3%, a decrease from Q4 2023. While annual EV sales continue to grow in the U.S. market, the growth…
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Sales
new-vehicle sales
U.S. auto sales
Electric Vehicles
EVs
EV
Electrified Vehicles
Market Insights
Data Point
5 min read
Auto Credit Availability Improved Again in March
04/10/2024
Access to auto credit improved in March as credit loosened across all channels and all lender types compared to February, according to the Dealertrack Credit Availability Index. The All-Loans Index increased to 94.0 in March but remained down 1.5% year over year. Credit availability has improved for two consecutive months and rose 1.1% month over month with the arrival of spring. Still, credit access remains tighter…
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credit
consumer credit
Dealertrack Credit Availability Index
auto loans
Market Insights
Data Point
6 min read
Wholesale Used-Vehicle Prices Declined in March
04/05/2024
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were down in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) fell to 203.1, a decline of 14.7% from a year ago. The decline in the index was driven by the seasonal adjustment, resulting in a 0.4% month-over-month decrease. The non-adjusted price in March increased by 3.1% compared to February, moving the…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
Data Point
1 min read
2024 Cox Automotive Forecasts
03/28/2024
Cox Automotive provides forecasts on the new and used vehicle markets, leasing, fleet and CPO sales, and the Manheim Used Vehicle Value Index. The full-year 2024 forecasts were presented during the Cox Automotive Industry Insights webcast on January 8. The Economic and Industry Insights team reviews the forecasts quarterly and updates them as market changes dictate. Download the 2024 Forecasts If you would like to speak…
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sales forecast
U.S. auto sales
Market Insights
Data Point
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