May U.S. auto sales reach 16.2M SAAR
May U.S. auto sales topped forecasts, with American Honda leading the way at a nearly double-digit annual growth rate. Sales ran at a seasonally adjusted ...
Tag: Cox Automotive
Retail used-EVs days’ supply falls below overall market at 31.2 days
IRVING, Texas — Used-EV inventory is tighter than the supply of traditional gas vehicles as off-lease EVs and elevated gas ...
Used EV values rise 11.9% YoY in May as new EV market share drops
Rising demand for cheaper, off-lease EVs drove wholesale values higher and led dealers to push incentives on new EVs in May. With the expiration of the EV tax credit ...
Cox Automotive to acquire Fullpath, expand AI capabilities for dealers
Cox Automotive has agreed to acquire Fullpath, an AI-powered customer data platform and marketing automation provider, in a move to ...
Share of subprime auto borrowers up to 19.5% in March, highest since March 2020
The share of subprime borrowers taking out auto loans in March rose to the highest level in six years as ...
Auto loans of 72-plus months hit nearly 30% in March
Dealers say more auto cash-strapped customers are seeking longer loans, resulting in higher negative equity. The number of 84-month loans ...
CULA expects 15% YoY leasing growth in 2026 amid industrywide drop
While overall auto leasing is expected to fall in 2026 after the expiration of the EV tax credit, Credit Union ...
Tariffs, Iran conflict cloud auto outlook as affordability pressures persist
The U.S. auto market entered 2026 with cautious momentum, but rising geopolitical tensions and tenacious affordability challenges are clouding the ...
