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Q3 2022 Industry Insights and Sales Forecast Call Replay Available 09/29/2022 A replay of the Cox Automotive Q3 2022 Industry Insights and Sales Forecast Call held on Wednesday, September 28, is available below. Cox Automotive Chief Economist Jonathan Smoke and our Industry Insights team provided a deep dive into the economy and auto industry – the new, used and wholesale vehicle markets for the third quarter. The Cox Automotive September U.S. auto sales forecast was released as well as a Q3 update… Read Article

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Cox Automotive’s Ten Predictions for 2022 Miss on Overall Demand, Leasing, New-Vehicle Inventory 09/29/2022 As we did at the end of the second quarter, our team took a look back at the market predictions we posted in January. This quarterly review is helpful, as it allows us to see how the market has progressed compared to expectations. Forecasting is a tough business, especially in a year with so many changing market dynamics, but many of our initial predictions have held up… Read Article

Market Insights Smoke on Cars

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as September Volumes Hold Steady at Low Level; Q3 Sales Nearly Equal to 2021 Levels 09/28/2022 ATLANTA, Sept. 28, 2022 – 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. According to the Cox Automotive forecast released today, September U.S. new-vehicle sales are expected to finish near 1.10 million units, with a sales pace, or seasonally adjusted annual rate (SAAR), of 13.3 million. Sales volume… Read Article

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2022 Cox Automotive Forecasts 09/28/2022 Cox Automotive provides forecasts on the new and used vehicle markets as well as leasing, fleet and CPO sales and the Manheim Used Vehicle Value Index. The Industry Insights team reviews the forecasts quarterly and updates them as changes in the market dictate. The 2022 forecasts were presented during the Cox Automotive Q3 2022 Industry Insights and Sales Forecast Call on September 28. Download the 2022… Read Article

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Cox Automotive Q3 2022 Industry Insights and Forecast Presentation Available 09/28/2022 The Cox Automotive Q3 Industry Insights and Sales Forecast Call will be held today at 11 a.m. EDT. The presentation is now available for download. The September and Q3 sales forecast press release will be published in the Newsroom after the conclusion of the call. Download the Presentation. During the webcast, Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough and Economic and Industry Insights Senior Manager Chris Frey… Read Article

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Cox Automotive Auto Market Report: September 27 09/27/2022 The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation. Read Article

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One Day to Go! Cox Automotive Q3 Industry Insights and Forecast Call – Wednesday, September 28 09/27/2022 Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the Q3 Industry Insights and Forecast Call. Wednesday, September 28 11 a.m. EDT. During this 90-minute webinar, you will hear how the auto industry performed in the quarter and how the Cox Automotive team sees the industry progressing through the end of the year. Our experts and… Read Article

sales forecast Market Insights Commentary & Voices

Cox Automotive Mobility Commits to Cutting Fleet Carbon Emissions in Half by 2030 09/27/2022 ATLANTA, Sept. 27, 2022 – As part of Cox Enterprises’ goal to dramatically reduce its carbon, water and waste impact on the environment by 2034, Cox Automotive Mobility is making key advancements in fleet electrification to build a better future for the next generation. Cox Automotive Mobility’s focus on EV development includes the opening of an Advanced EV Training Center for fleet technicians, nationwide expansion of its… Read Article

Electric Vehicles Cox Automotive Mobility Press Releases

Who’s Ready for a Return to the Good Ol’ Days? Not the CFOs. 09/26/2022 Over the years, the auto industry has always had a healthy tension between the sales vice presidents and the chief financial officers. Sales executives were bonused on share gains, while the finance teams were bonused on profit. This led to a never-ending battle over how much incentive money was necessary to meet sales objectives. Each would happily blame the other if sales or financial targets were… Read Article

Market Insights Commentary & Voices

Auto Market Weekly Summary: September 26 09/26/2022 Residential construction is headed further down with a 10% decline in permits in August. Existing home sales dropped less than expected in August, but sales have fallen for seven straight months. More declines are expected as supply is shrinking as fewer existing homeowners are interested in selling. With the Fed’s aggressive rate plans, mortgage rates may be 2 percentage points higher by year-end. Initial jobless claims… Read Article

Market Insights Smoke on Cars

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