Tag: Cox Automotive
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...
Used vehicle inventory nears pre-pandemic levels in October — Cox Automotive
According to Charlie Chesbrough, senior economist at Cox Automotive, asking prices for vehicles are now reflecting decreased wholesale prices. By Thanksgiving, he continues, "the...
Three digital tools that improve customer retention at your car dealership
In this edition of the CBT News Power Lunch, anchor Jim Fitzpatrick is joined by Skyler Chadwick, Director of Product Consulting at Cox Automotive’s...
A breakdown of US auto industry performance in October with Charlie...
New-vehicle sales volume has been stuck around the 1.1 million mark for several months. On today’s Inside Automotive, Charlie Chesbrough, senior economist and senior...
Is the car buying process easy or difficult? — Peter Kahn...
On this edition of Inside Automotive, we’re pleased to welcome Peter Kahn, Senior Director of Market Research at CDK Global and Dave Thomas, Director...
