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Cox Automotive

Cox and LMC put Days' Supply of Inventory Below 1 Million Vehicles

Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.

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Automotive Forecast: New-Vehicle Sales Stall in September

Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.

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.

Cox Automotive: Auto Market Weekly Summary

The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.

Cox Automotive Forecast: August New-Vehicle Sales Pace Slowest of 2021 Due to Low Supply

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.

Used Car Sales Returning to Normal

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.

Help Wanted: U.S. Automobile Dealers Struggle to Hire Employees While Business Booms

A majority of dealership leaders – approximately 65% – report they plan to increase the total number of employees in the dealership this year.

Light Vehicle Sales Continue to Rebound as Microchip Shortage Squeezes Supply

Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.

Used Vehicle Prices Skyrocket as New Vehicle Inventory Wanes

Wholesale used vehicle prices have increased 37% over the past 20 weeks and used retail prices rose 15% since the end of 2020.

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Auto Inventories Continue to Plummet

vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.

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