Cox Automotive predicts new car market growth despite headwinds

Fleet growth boosting UK new car outlook as new brands gain share

Fleet activity is expected to remain the driving force behind the UK’s new car market recovery in 2025, according to Cox Automotive’s latest quarterly forecast.

May new vehicle sales in U.S. will show a slower pace

May new-vehicle sales in the United States are anticipated to show a slower sales level from March and April’s tariff-inspired buying surge when the figures are revealed this week, according to a Cox Automotive forecast. In an update, the company said the May seasonally adjusted annual rate (SAAR), or sales pace, is expected to reach around 16.0 million. That’s up slightly from May 2024’s 15.8 million, though it also represents a notable decline…

Fleet sales to drive UK new car market to two million in 2025

Cox Automotive’s is forecasting that new car sales will rise by 5.7% in 2025 to hit two million. This is a 29% rise from the market low in 2022, though still 9.8% below pre-pandemic averages. This positive outlook is influenced heavily by a strong start to the year, driven by fleet demand and a modest recovery in private retail registrations. With the trends observed this year, fleets are expected to retain the majority of transactions (50%), wh…

Cox Automotive predicts new car market growth despite headwinds

The new car market has entered 2025 with renewed momentum and cautious optimism

UK new car market to break two-million barrier

Cox Automotive is predicting that the UK new car market will grow to more than two million registrations this year. This would represent a 5.7% year-on-year increase and a significant […] The post UK new car market to break two-million barrier first appeared on Bodyshop Magazine.