CoxAutomotive News & Analysis
3 articles
Market Mood
Hyundai (HYMTF) Set to Outsell Ford in Q3 with 511,421 Units
Hyundai Motor is forecasted to outsell Ford Motor for the first time, with expected sales of 511,421 units, representing a 6.5% year-over-year increase. In contrast, Ford is projected to see a 7.1% decline in quarterly sales to 504,172 vehicles. This shift positions Hyundai as the third best-selling automaker in the U.S. behind GM and Toyota. The automotive market has shown resilience this year, prompting Cox Automotive to raise its 2026 forecast for total U.S. vehicle sales to 16.1 million units, indicating potential growth opportunities for investors in the automotive sector.
Read More: Hyundai (HYMTF) Set to Outsell Ford in Q3 with 511,421 Units
General Motors (GM) Q2 U.S. sales drop 4.2% amid EV demand decline
General Motors (GM) reported a 4.2% decline in U.S. sales for Q2, selling 714,896 vehicles compared to 746,588 in Q2 2025. Overall sales for the first half of the year totaled 1.3 million, reflecting a 6.8% drop year-over-year. While GM's EV sales fell 33%, the company still anticipates gaining market share in the large truck segment, with GMC Sierra sales increasing by 5%. Forecasts from Cox Automotive and J.D. Power predict that the broader U.S. auto industry will remain relatively stable compared to previous years.
Read More: General Motors (GM) Q2 U.S. sales drop 4.2% amid EV demand decline
Car Market Prices Rise Amid Pandemic Shortages: 8 Million Vehicles Lost
The U.S. car market continues to feel the effects of the Covid-19 pandemic, with about 8 million vehicles not produced due to supply shortages and production shutdowns. Sales in 2025 reached approximately 16.2 million, rising from a low of 13.8 million in 2022, but remain below the 17.55 million record set in 2016. Forecasts suggest 15.8 million sales in 2026 according to Cox, and 16.3 million per JD Power. The declining supply of new vehicles is constraining the used market, leading to increased prices across all vehicle age categories.
Read More: Car Market Prices Rise Amid Pandemic Shortages: 8 Million Vehicles Lost