Inventory Slowly Bouncing Back as Demand Slows
Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
September 21, 2021
Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
September 21, 2021
The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.
September 8, 2021
August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.
September 2, 2021
The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
July 15, 2021
A majority of dealership leaders – approximately 65% – report they plan to increase the total number of employees in the dealership this year.
June 22, 2021
Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.
June 3, 2021
Wholesale used vehicle prices have increased 37% over the past 20 weeks and used retail prices rose 15% since the end of 2020.
June 3, 2021
vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.
May 19, 2021
The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless.
April 28, 2021
Look for further data updates as the Cox Automotive Industry Insights team dives into the results and shares insights on average transaction prices, fleet performance, CPO sales, inventory levels and more.
March 3, 2021
Auto sales activity likely slowed in the final days of January, notes Cox Automotive's Chief Economist Jonathan Smoke, as consumer sentiment waned and heavy winter weather ran through major markets in the Midwest and Northeast.
February 3, 2021
The latest measure shows values have never been higher, an indication there is rapidly growing demand for used-vehicle inventory.
June 17, 2020
Cox Automotive provided an update for the month of June to the Cox Automotive Retail Solutions COVID-19 Assistance Program.
April 30, 2020
COVID-19 cases keep growing in the U.S., but the pace of increase is slowing as the peak in new cases occurred a week ago. Cox Automotive offers a quick, five-minute review of the key data points that drive our business.
April 22, 2020
With health and safety as a top priority, the Cox Automotive family of brands is committed to partnering with clients to keep the automotive marketplace up and running.
March 23, 2020
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