Cox Automotive February Forecast: Tight Inventory Keeps U.S. Auto Sales From Gaining Traction
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.
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.
In the most recent Auto Market Report video, Cox Automotive Chief Economist Jonathan Smoke notes that 2022 has started slower for the U.S. economy and for vehicle sales.
Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
First of several benefits planned in 2022 to further independent dealer goals, needs.
Watch the Auto Market Report video for more data and insights that provide a holistic view of the auto industry.
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.
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.
The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.
The Cox Automotive Service Industry Study finds that as dealerships leverage technology to enhance the customer experience, they can capture more service market share.
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