Vehicle sales surge as consumer confidence hits new heights
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted annual rate (SAAR) of 16 million...
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
automotive sales reports
SUV market share hits record despite affordability crisis
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds.
Meanwhile, the share of smaller cars...
Wholesale used vehicle prices rose in early November
Wholesale used vehicle prices increased by 1.6% in the first half of November while the Manheim Used Vehicle Value Index (MUVVI) reached 206.1, up 0.5% gain from the full month...
KBB reports modest ATP increase for new vehicles in October
Despite the challenges, automakers are demonstrating resilience by working overtime to clear bloated inventory levels and finish out 2024 strong. According to Kelley Blue Book (KBB) data, the average transaction...
U.S. EV sales take second place worldwide thanks to “crucial” tax credits
A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China.
According to technology-market research firm Counterpoint, first-quarter EV sales in the U.S. showed a...
Consumers paying more for new vehicles as ATP increases in May
Average transaction prices (ATP) for new vehicles increased slightly in May, although consumers continued to pay below the manufacturer's suggested retail price (MSRP) for the fifth month in a row,...
Access to auto loans declines over May, credit tightening continues
Auto loan availability dropped to a two-year low in May under restrictive lending standards as consumers struggled to obtain financing for their vehicle purchases.
According to data from Cox Automotive and the...
U.S. new car sales to surge in May, dealer profitability remains strong
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new car sales, including retail and non-retail transactions, are expected to reach 1,337,700 units in May, representing...
April U.S. auto sales poised to rise on improving inventory levels
According to a joint auto sales forecast from J.D. Power and LMC Automotive, total new-vehicle sales, including retail and non-retail transactions, are expected to hit 1,316,500 units in April, representing...
Better inventory, bigger prices: What Q1 reveals about the 2023 car market — Charlie Chesbrough | Cox Automotive
The car market's strong first-quarter performance surprised many auto industry analysts who expected demand and production to remain suppressed well into the year. However, dealers still have many questions about...
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