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 #11 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 06/02/2020 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 impactJobless claims and impacts by stateConsumer sentiment in the U.S. and in the 142 largest DMAs and Cox Automotive study findingsNew- and used-vehicle sales estimatesManheim wholesale transactions and used-vehicle valuesDisconnect between wholesale and… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 06/01/2020 The peak in daily new COVID-19 cases was five weeks ago, and case growth generally continues to be on a declining trend for the U.S. overall, but some markets are still seeing growth. Testing is also growing. Some markets are seeing more cases reported as a function of outbreaks but also as a function of big increases in testing. More businesses are opening up, which is producing… Read Article

Market Insights Smoke on Cars Economy & Trends

Week #10 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 05/27/2020 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. This week, Jonathan examines: The latest on COVID-19’s nationwide impactJobless claims and impacts by stateConsumer sentiment in the U.S. and in the 142 largest DMAsNew- and used-vehicle sales estimatesManheim wholesale transactions and used-vehicle valuesDisconnect between wholesale and retail… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 05/26/2020 The peak in daily new COVID-19 cases was four weeks ago. Case growth appears to be on a declining trend for the U.S. overall, but individual markets have their own unique pandemic curves. Some markets are seeing more cases reported not only as a function of outbreaks, but also as a function of increases in testing. More businesses are opening up, producing increases in economic activity.… Read Article

Market Insights Smoke on Cars Economy & Trends

Week #9 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 05/19/2020 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. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 142 largest DMAs Cox Automotive vehicle purchase/lease study findings New- and used-vehicle sales estimates… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 05/18/2020 The peak in daily new COVID-19 cases was three weeks ago, and case growth appears to be on a declining trend for the U.S. overall, but some markets are still seeing growth. Testing is ramping up but remains inadequate. Joblessness grows: The damage to the economy can be seen in a record decline in retail sales in April and continued growth in unemployment. About 36.5 million… Read Article

Market Insights Smoke on Cars Economy & Trends

Week #8 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 05/12/2020 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. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 140 largest markets New- and used-vehicle sales estimates Manheim wholesale transactions, used-vehicle values, Manheim Market… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 05/11/2020 The peak in daily new COVID-19 cases was two weeks ago. The growth in new cases is declining but is still an inconsistent trend. Progress is slow as individual markets each have their own unique pandemic curves. Testing is ramping up but remains inadequate. Historic joblessness: The damage to the economy can be seen in the historic 20.5 million jobs lost in April. About 33.4 million Americans have… Read Article

Market Insights Smoke on Cars

Week #7 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 05/05/2020 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. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims and impacts by state Consumer sentiment in the U.S. and in the 142 largest markets Purchase and service triggers from Cox Automotive consumer surveys New- and… Read Article

Market Insights Smoke on Cars

Auto Market Weekly Summary 05/04/2020 The peak in daily new COVID-19 cases was over a week ago, so case growth is on a declining but inconsistent trend. Meantime, the economic fallout is evident in negative growth and record unemployment. Progress in slowing the virus is inconsistent as individual markets each have their own unique pandemic curves. Testing is ramping up but remains inadequate. GDP decline: The damage to the economy can… Read Article

Market Insights Smoke on Cars Economy & Trends

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