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New vehicle sales in Canada climbed nearly eight per cent in May, even as the industry braced for potential trade disruptions and tariff fallout. DesRosiers Automotive Consultants estimated that Canadian new vehicle sales reached 187,000 units in May 2025 — a 7.9 per cent increase over the same month last year.
A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. The “roller coaster ride predicted by Cox Automotive chief economist Jonathan Smoke is underway. Robb said the index for 1-to-10-year-old vehicles jumped by 1.2
Its June 26, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. In a third video, taken from another vehicle, a robotaxi abruptly stopped twice in the middle of the road while passing police vehicles with flashing lights.
imposed a sweeping 25% tariff on imported vehicles — part of a broader strategy aimed at pressuring foreign governments to shift manufacturing to U.S. automotive industry is bracing for lasting impact, especially if a standoff with China escalates into a full-blown trade war. In April 2025, the U.S. So what’s an average consumer to do?
The automarket is facing unpredictability once again. Meanwhile, automakers are responding differently — some are offering incentives and sales, while others are pausing production or holding vehicles at the border. In such an unpredictable environment, dealers must focus on what they can control.
Its Wednesday, July 2, 2025, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. auto sales are up, but it probably wont last Brandon Bell/Getty Images Vehicle sales in the U.S. new vehicle sales in June came in around the 1.25 million vehicles.
General Motors spends billions developing an electric vehicle platform, the Ultium architecture , thats supposed to be the bedrock of its EV future. It proceeds to beat GM at selling its own hardware — no punchline here, just the bizarre reality of the 2025 automarket. What does Honda do?
The announced 25% tariffs on all imports from Canada and Mexico, currently on hold, could have a significant impact on the industry, given the large amount of vehicles and components that cross the borders. The Automotive Policy Council, an association representing the Big Three U.S.
Its June 25, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2%, with the U.S. From Reuters : Teslas new car sales in Europe fell 27.9% From Reuters : A U.S.
Despite a dip in September sales, Canada’s automarket maintains a robust year-to-date growth, driven by strong performances from key brands. Canada’s automotivemarket experienced a slight setback in September, with sales of new vehicles dropping 3.6 per cent compared to the same month last year.
Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehiclemarket surges in any direction.
Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. It may depend on which industry index you’re observing.
In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. According to AAA, the average annual cost has surged by $1,454 to $12,182 per vehicle.
When it comes to big-ticket auto salessuch as luxury vehicles or premium electric carsthese digital touchpoints play a critical role in shaping buyer behavior, influencing decisions long before a customer sets foot in a showroom. The Rise of the Digital-First Auto Shopper Modern consumers are more informed than ever.
automarket, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. Powered by the best data and keenest insights, Cox Automotive developed five themes that offer a collective vision and valuable perspective on the road ahead for the U.S. auto industry.
Cox Automotive will occupy the largest exhibition space at NADA Show 2024, Feb. The Cox Automotive Village on site spans almost 29,000 square feet, equivalent to half a football field and includes 10 booths, the Cox Automotive stage, and more than 200 demonstration stations. 1-4 at the Las Vegas Convention Center.
Introduction In the fast-paced world of automotive retail, independent dealerships often face stiff competition from larger counterparts. While it may seem like a David vs. Goliath scenario, there are strategic approaches that indie dealerships can employ not only to survive but thrive in the market.
The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians. Fortunately, the same digital revolution disrupting the automotive industry has spawned solutions for coping with the challenges of repairing today’s automobiles.
The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians. Fortunately, the same digital revolution disrupting the automotive industry has spawned solutions for coping with the challenges of repairing today’s automobiles.
Data analysts from the company develop the report, which delves into a range of macro and micro automarket trends through analysis of supply, demand, pricing and consumer behavior across the various Cars Commerce platforms. Average used-vehicle listing prices in January, were down 1.6% Average days on market is up 10.1%
The Consumer Electronics Show (CES) 2024 proved once again that the biggest technology show of the year is also becoming an important automotive show as well. Automotive Technology on Display at CES 2024 Automakers have been incorporating AI into cars for over 10 years. 7 electric vehicles.
As dealers bid farewell to the seller’s market after four years of anything but normal, balance is expected to return to the U.S. automarket 1. 1 Given this shift and the variables that exist in today’s retail automotivemarket, one truth remains: a dealer’s bottom line. Businesses can get started now.
The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. automobile dealers.
automarket, according to the Cox Automotive Dealer Sentiment Index (CADSI). The Q3 current market index was 45, still below the threshold of 50, indicating that more dealers see the current automarket as weak than see the market as strong. Overall dealer sentiment in the U.S.
Not surprisingly, it’s in California, according to a report from Realtor.com and Cox Automotive. In fact, the 2024 Realtor.com Housing Market and Electric Vehicle Report found three of the top 10 and eight of the top 20 housing markets for EV ownership are in the Golden State. Austin, Texas; Los Angeles; Washington D.C.
The Cox Automotive Dealer Sentiment Index (CADSI) shows that current market sentiment improved slightly in the first quarter compared to the fourth quarter of 2023, increasing from 40 to 42, but remains well below the 50 threshold, indicating most dealers see the current market as weak. “The vehiclemarket in the U.S.
Auto dealers still don’t like the look of the current market for vehicles. The vehiclemarket in the U.S. is shifting from a seller’s market to a buyer’s market, and dealers are feeling the pinch of tighter margins and higher costs,” Cox Automotive chief economist Jonathan Smoke said.
New technology holds radical possibilities for the automotive industry at every level of the sales funnel. Artificial intelligence (AI) is already being used for enhancing promotional images, creating videos, and providing other helpful additions to marketing.
The latest Cox Automotive Dealer Sentiment Index (CADSI) remained stable from Q1 to Q2 2024 despite dealer uncertainty in the market and economy. The Q2 current market index score of 42 indicates most U.S. auto dealers see the market as weak. One year ago, the index was 45, also below the 50 threshold.
In the face of uncertainty in the automotivemarket, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said.
Its Friday, June 20, 2025, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. In this mornings edition, were looking at what Trumps tariffs could cost the average car buyer and what theyve already cost the German automotive industry. Of course, thats just an estimate.
Cox Automotives Dealer Sentiment Index for the second quarter of 2025 offered a stark illustration of the different worlds inhabited by franchised and independent dealers in their outlook of the current used-vehicle sales environment. The combined used-vehicle sales index for all dealers improved for the sixth consecutive quarter.
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