Cox Automotive’s 2025 Outlook: Market Growth, Improving Affordability, and Higher Buyer Satisfaction Expected in Year Ahead | PR Newswire [Video]

• Cox Automotive forecasts a positive economic outlook for 2025, with new-vehicle sales expected to reach 16.3 million units, a 3% increase from 2024.
• Electrified vehicle sales will grow further in the year ahead, accounting for one out of every four vehicles sold in 2025.
• Vehicle affordability is expected to improve in 2025, with expanding credit availability and declining auto loan rates.

, /PRNewswire/ — Cox Automotive has released an optimistic outlook for the automotive market as 2025 gets underway. The U.S. auto market finished 2024 with momentum, and despite some uncertainties, the current trajectory is positive.

New-vehicle sales in 2024 finished near 16.0 million, according to estimates from Cox Automotive’s Kelley Blue Book, an increase of just over 2% from 2023 and the best year for volume since the pandemic. Total new-vehicle sales ended the year strong, just above the Cox Automotive new-vehicle sales forecast. Nearly every automaker posted higher sales year …