Tag: new-vehicle sales
Wholesale used vehicle prices rose slightly in early October amid mixed...
Wholesale used vehicle prices edged up by 0.3% in the first half of October, according to the Manheim Used Vehicle Value Index, rising to...
New vehicle affordability stalls in September despite lower loan rates
According to the Cox Automotive/Moody's Analytics Vehicle Affordability Index, new vehicle affordability in September showed no significant improvement, as rising vehicle prices and minimal...
Cox Automotive’s Q3 Dealer Sentiment Index reveals increasing uncertainty among independent...
In the latest episode of Inside Automotive, Erin Keating, Senior Director of Economic and Industry Insights at Cox Automotive, shares her expert analysis of...
Tesla’s global deliveries rebound in Q3, but pressure mounts for strong...
Tesla's global vehicle deliveries bounced back in the third quarter of 2024, alleviating concerns on Wall Street about the company's growth trajectory. Between July...
Urban Science’s Mitch Phillips on the U.S. Dealership Landscape
In a recent interview, Mitch Phillips, Global Director of Data at Urban Science, delved into the mid-year Franchise Activity Report (FAR) findings. In today's...
Maximizing profitability in the used car market amid price corrections
With new car inventories nearing pre-pandemic levels, the used car market is experiencing a significant price correction. For dealerships, this shift presents both challenges...
U.S. July new vehicle sales forecast shows recovery post-software outage
The latest forecast from Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage that affected sales...
Hyundai reveals November sales surge, led by Santa Fe and IONIQ...
Hyundai Motor America has reported its highest-ever November sales, totaling 70,079 units, marking an impressive 11% increase compared to November 2022. This achievement extends...
Cox Auto tracked supply and sales improvements in February
A Cox Automotive report has revealed that February new-vehicle supply and sales grew year-over-year.
Available Inventory data from vAuto showed that overall supply grew by...
KBB reports new vehicle ATP trends decline as incentives rise
A new report from Kelly Blue Book reveals that new vehicle transaction prices decreased by 1.4% in February, while incentives rose 3% month-over-month.
The average...