Tag: new-vehicle sales
March new-vehicle sales forecast indicate slowing market trends
According to the latest data from Cox Automotive, March new-vehicle sales are expected to show year-over-year growth, but signs of the market slowing are...
Cox Automotive’s 2024 CBJ study reveals EVs leading in satisfaction and...
The 2024 Cox Automotive Car Buyer Journey (CBJ) Study reveals that new-car buyer satisfaction has reached a record high, with 75% of buyers reporting...
Cox Automotive forecasts optimistic growth for 2025 as auto market momentum...
According to a newly released report by Cox Automotive, the U.S. automotive market is poised for a promising 2025. With 2024 ending on a...
Vehicle sales show steady growth as 2024 closes, setting positive outlook...
As we approach the end of 2024, new vehicle sales in December are expected to show steady growth compared to last year, according to...
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...