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EV sales in the U.S. reached record levels in Q3 of 2024, with an 11% year-over-year increase, according to Kelley Blue Book.

U.S. EV sales hit record highs in Q3 2024, driven by...

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Electric vehicle (EV) sales in the U.S. reached record levels in the third quarter of 2024, with an 11% year-over-year increase, according to Kelley...
When Cox Automotive experts give advice, especially when it comes to appraisals, merchandising, and pricing tactics, we take note

How appraisal strategies can unlock revenue potential in 2024 – Jade...

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We all know that when Cox Automotive experts give advice on what they are seeing, especially when it comes to appraisals, merchandising, and pricing...
Cox Automotive's latest data reveals that wholesale used vehicle prices fell by 0.5% in September, reversing a two-month trend of increases.

Wholesale used vehicle prices dip 0.5% in September, signaling market adjustment

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Cox Automotive's latest data reveals that wholesale used vehicle prices fell by 0.5% in September, reversing a two-month trend of increases. The Manheim Used...
Tropical storms and hurricanes, such as Hurricane Helene, can impact the used vehicle market, as flooding leads to an increase in water-damage

How Tropical Storms are flooding the preowned vehicle market

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Tropical storms and hurricanes, such as Hurricane Helene, can cause significant damage to homes, roads, and vehicles, often resulting in thousands of cars being...
ATLANTA, September 30, 2024 - Cox Automotive, the world’s largest automotive services and technology provider, today announces Retail360

Cox Automotive launches Retail360 tool to enhance the buyer experience

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ATLANTA, September 30, 2024 - Cox Automotive, the world’s largest automotive services and technology provider, today announces Retail360 – a comprehensive suite of tools...
As the tax refund season concluded, sales in both new and used vehicle markets slowed, contributing to the rise in inventory levels.

New vehicle sales stabilize, days’ supply and inventory trends improve

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A recent analysis of vAuto Live Market View data reveals that new vehicle sales volume and average days' supply have stabilized after experiencing fluctuations...
Retail used-vehicle sales in August saw an impressive 8% month-over-month gain, according to Cox Automotive’s vAuto data estimates.

August retail used-vehicle sales surge, highest since October 2021

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Retail used-vehicle sales in August saw an impressive 8% month-over-month gain, according to Cox Automotive’s vAuto Live Market View data estimates. This increase pushed...
According to Kelley Blue Book, the ATP for a new vehicle in the U.S. fell for the 11th consecutive month, driven by high incentives.

New vehicle prices drop again as incentives surge amid high inventory

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According to Kelley Blue Book, the average transaction price (ATP) for a new vehicle in the U.S. fell for the 11th consecutive month, driven...
Wholesale used-vehicle prices increased in August, with the Manheim Used Vehicle Value Index (MUVVI) rising to 203.9

Used vehicle prices rise in August as consumer confidence shows modest...

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Wholesale used vehicle prices increased in August, with the Manheim Used Vehicle Value Index (MUVVI) rising to 203.9, reflecting a 1.2% increase from July,...
The latest Q3 2024 CADSI showed that U.S. auto dealers view the market as increasingly weak, with the overall sentiment score dropping to 40

U.S. auto dealers report weak market sentiment amid economic/political challenges

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The latest Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals that U.S. automobile dealers view the market as increasingly weak, with the overall...