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Cox Automotive believes the likely range of severely damaged vehicles that could need replacement is between 30,000 and 70,000 vehicles.
Read More →Certified pre-owned sales fell over 11% year-over-year in September and are off 5% since August, finds a Cox Automotive analysis of Motor Intelligence data.
Read More →Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 4.6% month over month in September to 122,586 units, according to an early estimate from Cox Automotive.
Read More →The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.
Read More →Cox Automotive's quarterly review allows us to see how the market has progressed compared to expectations.
Read More →September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.
Read More →The seasonally adjusted annual rate is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace.
Read More →The report, based on Cox’s analysis of Motor Intelligence data, reported 211,609 CPO sales in August.
Read More →U.S. auto dealers see market weakness driven by inflation, economic anxiety, and tight inventory.
Read More →Highly successful Upside Direct weekend event sales have delivered significant value to sellers while giving buyers access to even more inventory to bid on and buy.
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