According to the Cox Automotive June sales forecast, the seasonally adjusted annual rate (SAAR) of new-vehicle sales this month is expected to hit 13.8 million, up from last month’s 12.7 million pace but well below last year’s 15.5 million level.
June 29, 2022
All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.
June 7, 2022
Gas prices hit an all-time high of a national average of $4.67 on June 1, driving consumers to consider electric vehicles, hybrids and smaller, more fuel-efficient gas-powered models.
June 1, 2022
New-vehicle affordability declined slightly in April despite revised data indicating stronger income gains, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index.
May 18, 2022
The team at Kelley Blue Book has assembled two broad reports from the first quarter: One is a look across industry-wide U.S. sales in Q1, the other a narrow review of electrified vehicle sales in the U.S., the combined sales of hybrids, plug-in hybrids and EVs.
April 20, 2022
The industry saw 14.3% month over month growth, but CPO sales still fell 23.3% short of 2021 sales for the same month.
April 20, 2022
Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far this year.
April 11, 2022
The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.
April 6, 2022
March U.S. auto sales, when reported on Friday, will show a notable drop from last March as the market remains significantly constrained by lack of supply.
March 29, 2022
February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.
March 15, 2022
New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.
February 24, 2022
Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
February 15, 2022
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
January 27, 2022
Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.
January 27, 2022
New-vehicle sales in January are expected to reach 1.01 million units, a drop of 8.9% compared to January 2021, according to a forecast released today by Cox Automotive.
January 26, 2022
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