Insights

The federal tax credits that helped make electric vehicles attainable for millions of Americans are winding down. For many, that raises the question: will adoption stall without that $7,500 headline incentive? At Cox Automotive, we believe EV adoption will continue, but not automatically. To maintain momentum, automakers, policymakers, and industry stakeholders must stay focused on …

The Cox Automotive Q3 2025 Industry Insights and Sales Forecast Call will be hosted on Thursday, Sept. 25, at 11 a.m. EDT, shortly before the auto industry closes the book on the third quarter. Join us for this event hosted by Chief Economist Jonathan Smoke and the Cox Automotive Economic and Industry Insights team. This 60-minute session …

This summary presents August data on retail sales, new construction, declining jobless claims, and the first rate cut by the Federal Reserve in 2025. Consumer spending during the summer exceeded prior expectations, while the housing market remained weak. Lower rates should provide a boost to business investment and equity performance. Although the Fed does not …

Welcome to the monthly Manheim Market Insights update. Cox Automotive Deputy Chief Economist Jeremy Robb offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle Value Index (MUVVI), days’ supply, affordability …

The Federal Reserve made the first cut to rate policy so far in 2025 at the conclusion of its sixth scheduled Federal Open Market Committee (FOMC) meeting for the year. The policy statement and commentary from Chair Powell after the meeting emphasized downside employment risks, but details in the decision and updated forecasts reflect divided …

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased slightly from August in the first 15 days of September. The mid-month Manheim Used Vehicle Value Index increased from 207.4 to 207.5—a negligible month-over-month change of 0.0%—but was 2.2% higher than the full month of September 2024. The seasonal adjustment reduced the results, …

New-vehicle affordability was stable in August, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index. “Higher prices and declining incentives reduced buying power in August, but income growth offset the impact to the index,” said Cox Automotive Chief Economist Jonathan Smoke. “As a result, new-vehicle affordability did not change month over month.” The estimated …

Cox Automotive’s Auto Market Report video delivers a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. This video covers a wide range of topics, including consumer spending patterns, consumer sentiment, retail vehicle sales, financing rates, supply dynamics, pricing trends and leading …

August marked a second consecutive strong month for the electric vehicle (EV) market, with record sales and rising market share in both the new and used segments. As consumers acted quickly ahead of the Inflation Reduction Act’s tax credit expiration, Cox Automotive saw demand stay strong, inventory tighten, and incentives remain influential. These shifts signal …

ATLANTA, Sept. 16, 2025 – Cox Automotive has announced that effective Jan. 1, 2026, Fleet Services and FleetNet America will become one, unified fleet organization. This strategic alignment represents a major step forward in Cox Automotive’s long-term commitment to the fleet industry. Cox remains steadfast in its mission to keep America moving by connecting roadside, …