Market Insights and Outlook - Cox Automotive Inc.

Smoke on Cars Chief Economist Jonathan Smoke shares his insights on macroeconomic trends, business cycles, demand and the economic factors influencing the automotive industry today.

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Week #20 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 08/04/2020 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 08/03/2020 Daily new COVID-19 cases in the U.S. are declining again, but the impact of higher risk and more restrictions on activity across much of the country has diminished economic activity resulting in an increase in people filing for unemployment benefits. One clear bright spot is the housing market, which is recovering strongly as demand is strengthened by historically low mortgage rates. Consumer sentiment declined in July… Read Article

Market Insights Smoke on Cars Economy & Trends

Lane Change with Dale Pollak & Jonathan Smoke. Navigating What’s Next. 07/29/2020 Cox Automotive Executive Vice President and vAuto Founder Dale Pollak and Chief Economist Jonathan Smoke, along with special guests discuss on the latest market insights and essential steps your dealership needs to take now to prepare for the headwinds likely ahead. Download slides Read Article

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Fed Affirms Continued Low Rates, But Monetary Policy Won’t Help Car Buyers This Summer 07/29/2020 As they did in June, the Fed today affirmed rate policy will remain where it is “…until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.” It is important to note that the Fed believes that the economy cannot recover until the risk of COVID-19 has been significantly reduced: “The path of… Read Article

Market Insights Smoke on Cars Economy & Trends

Week #19 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 07/28/2020 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 07/27/2020 The growth in daily new COVID-19 cases in the U.S. is leveling off, but the rise in cases this summer and increased restrictions on activity as a result has diminished economic activity resulting in an increase in people filing for unemployment benefits. Jobless claims rise: Continuing unemployment declined in the latest data, but initial claims increased for the first time since March. More than 16 million… Read Article

Market Insights Smoke on Cars Economy & Trends

Week #18 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 07/21/2020 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 07/20/2020 The growing number of cases of COVID-19, which are setting new daily records, threaten the recovery that created growth in retail sales and new construction in June. Strong demand in the auto market has reduced supply of new and used vehicles, and that’s leading to record prices. However, the rise in cases is leading to declining activity and consumer sentiment, and the jobs recovery seems to… Read Article

Market Insights Smoke on Cars Economy & Trends

Week #17 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 07/14/2020 Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impactContinuing jobless claims and impacts by stateConsumer sentiment in the U.S. and in the largest DMAsCox Automotive consumer survey results on shopping and service0% APR offersNew- and used-vehicle inventoryWholesale and retail prices and… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 07/13/2020 We continue to see new peaks in daily COVID-19 cases reported in the U.S. The pace of growth is now slowing, but, unfortunately, daily deaths are now rising. The growing cases of COVID-19 threatens the economic recovery. June saw a recovery in vehicle sales and values, but a slowdown in activity from the coronavirus outbreaks could threaten job recovery and weigh on consumer sentiment. Used vehicle… Read Article

Market Insights Smoke on Cars Economy & Trends

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