Cox Automotive, the Cox Enterprises unit behind AutoTrader, Kelley Blue Book, and Manheim, steers digital and physical car markets worldwide.
A consortium of reports shows stronger European EV sales driven by higher petrol prices, while BYD expands fast-charging and North American fleets push demand. Off-lease EVs could flood the market in coming years, and public fleets are increasingly a new avenue for EV makers.
Tesla has expanded its robotaxi service in Austin to operate without a human operator in the entire Austin Metro area, marking a notable step in autonomy. The company has removed in-vehicle monitors in several vehicles, reflecting growing confidence in its self-driving technology. Waymo remains a key comparator with a larger fleet in nearby markets.
Automakers have announced strategic shifts as Chinese brands and US trade rules upend the sector. Volkswagen has proposed deep job cuts to cut costs, Jaguar Land Rover is adding hybrids and prioritising the US, and the Commerce Department has denied Polestar permission to sell new connected models in the US from 2027, pushing the brand to refocus on Europe.
Hybrid sales lift several automakers in Q2 as demand for electrified models grows while all-electric demand stalls. Toyota leads the pack with hybrids, while Ford and GM face mixed results amid supply constraints and policy shifts under USMCA negotiations.
Tesla has delivered 480,126 vehicles in the second quarter, a 25% year-on-year rise, surpassing estimates of about 402,000 and signaling a rebound in demand. Production reached 451,758, with inventory drawdown used to meet demand. Europe drives momentum amid a broader US slowdown, aided by higher fuel prices and policy incentives.