Insights

New-vehicle affordability edged down in October, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index, declining for the third consecutive month. New-vehicle affordability hit its lowest point since December 2024 in September and didn’t improve in October. Automakers cut incentives significantly, offsetting strong income growth and slightly lower transaction prices, so cars actually became …

October marked a sharp reversal for the electric vehicle (EV) market as the expiration of the federal EV tax credit cooled demand after three months of accelerated sales. Buyers rushed to secure incentives before the deadline, but once it passed, momentum slowed. Inventories climbed quickly, and pricing shifted upward for both new and used EVs, …

Editor’s note: Jeremy Robb, interim chief economist at Cox Automotive, will keep the Auto Market Weekly Summary rolling as Jonathan Smoke transitions to his new role as chief strategy officer. Last week saw the end of the longest government shutdown in history come to a stop on Wednesday evening after a record 43 days. Over …

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in October1 increased month over month compared to September. A total of 1.40 million used vehicles were sold at retail – from both franchised and independent dealers – during October, up 3.4% month over month and up 1.5% year over year. Days’ …

Used-vehicle inventory levels rose again at the start of November, surpassing the previous 2025 high set in October, according to Cox Automotive’s analysis of vAuto Live Market View data. 2.26M Total Inventoryas of Nov. 3, 2025 48 Days’ Supply $25,945 Average Listing Price Nationwide, dealers – both franchised and independent – had a total supply of 2.26 …

The U.S. automotive industry is rolling into the year-end, holiday-sales season with a steady hand, think “confident, but not overzealous.” Inventory is slowly climbing, yet both measures of total volume and days’ supply haven’t reached last year’s levels, so it’s clear this market isn’t getting ahead of itself. Cox Automotive’s read on vAuto Live Market …

The average transaction price (ATP) of a new vehicle in the U.S. declined marginally in October, according to estimates released today by Kelley Blue Book, a Cox Automotive brand, falling from a record high set in September. New-vehicle ATPs last month were higher compared to year-ago levels. The ATP decline was mostly expected, as sales …

ATLANTA – Nov. 12, 2025 – Cox Automotive’s industry-leading logistics brand, Central Dispatch, is raising the bar on carrier verification with the launch of its new carrier scorecard. This feature helps shippers make smarter, safer shipping decisions by surfacing critical carrier data right at the point of dispatch. While Central Dispatch independently verifies each carrier …

For more than 175 installments, Cox Automotive’s Auto Market Report video has delivered a comprehensive analysis of the current automotive market. Chief Economist Jonathan Smoke is signing off with this last video and moving on to be Cox Automotive’s chief strategy officer. Report Summary – Nov. 11, 2025 Key Highlights Consumer Spending Growth Slowed in …

ATLANTA, Nov. 11, 2025 – Cox Automotive announced today that Jonathan Smoke has been named executive vice president and chief strategy officer, effective Nov. 10, 2025. Smoke will succeed Amy Mills, who will be departing at the end of the year, following the announcement in July of her retirement after nearly 25 years of service at Cox Automotive.  …