Cox midyear review: Consumers’ waiting game slows growth of auto market

Smoke sees subprime delinquency & defaults rising

File photo of Cox Automotive chief economist Jonathan Smoke speaking at the Auto Intel Summit in a prior year. Photo by Jonathan Fredin/Cherokee Media Group.

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The theme of Cox Automotive’s 2024 midyear review is… wait for it …

No, I mean, that’s the theme: Wait for it.

Uncertainty is the name of the game right now in the automotive market, according to chief economist Jonathan Smoke and Cox’s team of analysts, as consumers wait for any number of things — including ...

Cox midyear review: Consumers’ waiting game slows growth of auto market

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