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Cox Automotive

Will Higher Interest Rates Cool Demand for New Cars?

The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.

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Cox Automotive’s Ten Predictions for 2022 Miss on Overall Demand, Leasing, New-Vehicle Inventory

Cox Automotive's quarterly review allows us to see how the market has progressed compared to expectations.

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast

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.

Cox Automotive: Estimated Monthly Used-Vehicle SAAR and Volume

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.

CPO Sales To See Double-Digit Percentage Decline in 2022

The report, based on Cox’s analysis of Motor Intelligence data, reported 211,609 CPO sales in August.

Cox Automotive Releases Dealer Sentiment Index

U.S. auto dealers see market weakness driven by inflation, economic anxiety, and tight inventory.

Cox Automotive's Upside Delivers $1M+ in Profit Share Back to Sellers, Launches in Two More Markets

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.

More Auto Borrowers Struggling to Make Auto Loan Payments

Recent data points to more auto borrowers struggling to keep up with loans, but default rates remain below pre-pandemic levels.

Cox Automotive: Estimated Monthly Used-Vehicle SAAR and Volume

Year to date, the total used market is currently on pace to finish the year down more than 12% from the 40.6 million recorded in 2021.

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Cox Automotive: Auto Market Weekly Summary

New-vehicle sales were up slightly in July from June but remain low at a 13.3 million seasonally adjusted rate of sales.

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