Tag: Cox Automotive
New vehicle sales, inventory, and prices rise in December 2022
U.S. auto sales in December will likely improve by 4% year-over-year to 1.27 million, according to a forecasted analysis conducted by Cox Automotive. However,...
What can auto retailers expect from the market in 2023?
2023 is right around the corner, and on today's edition of Inside Automotive, Jonathan Smoke, Chief Economist at Cox Automotive, looks back on this...
As the clock winds down on a year steered by tight...
ATLANTA, Dec. 19, 2022 – With the start of the New Year just weeks away, the Cox Automotive Industry Insights team offers its expectations...
New Edmunds report forecasts modestly improved new vehicle market in 2023
Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...
November’s average new car prices reach a record high
When COVID struck, it disrupted the world's supply chain, resulting in a chip shortage and an all-time high in car prices. People started paying...
Where does the used car market stand?
There is no doubt the auto industry as a whole has been drastically shaken up since the beginning of the pandemic, and this includes...
Demand slows in November as plunging vehicle affordability impacts the market
While October brought strong performance and demand, things might be slightly cooling off for November. While the forecasts still show a strong showing for...
Used-car market floundered in 2022, according to Cox report
A new Cox Automotive report reveals that the used-car market continually shrunk throughout 2022.
Using the Manheim Used Vehicle Value Index, Cox Automotive's preferred tool...
Dealers report worst attitudes on record, according to Cox Automotive
Dealerships are less confident than ever about the car market, according to a new report released by Cox Automotive.
The study, which obtains quarterly data...
New-car sales beating expectations, reports Cox
Cox Automotive has predicted that November’s new-car sales will be 10.8% higher than in 2021. This is a surprising shift in tone from earlier...
