Automotive
COX Automotive Take-Aways From Q1 2022
No two markets are the same, but if you look the whole country as one huge market, some things stand out.
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COX Automotive released ten key insights from their Kelly Blue Book Q1 reports for 2022.
Insights:
- Toyota is still on top
- EVs sales continue to increase
- Only four brands delivered year-over-year sales gains: BMW, Genesis, Mini, and Tesla
- Ford’s F-Series is still king
- Fiat sold only 340 vehicles in Q1
- Luxury brands grabbed more share in Q1
- Tesla is still the dominant player in the EV market
- Small vehicles are more popular than mid-sized, but the large are the most popular models
- In luxury, new is important
- Three segments account for 49% of US auto sales: Compact SUVs, Full-Size Pickups, Mid-Size SUVs
