During the DC Auto Show, Paul and Kyle hosted a podcast stage at Public Policy Day, and interviewed policy makers and industry experts.
In this episode, we sit down with Erin Keating, Executive Analyst and Senior Director of Economics and Industry Insights at Cox Automotive, to explore the latest trends shaping the automotive market.
Erin breaks down the vast amount of data Cox Automotive gathers—from consumer shopping habits to dealership transactions—and how it informs key industry decisions. She also shares insights on the current state of EV adoption, the impact of executive orders, and the role of tariffs in driving up vehicle costs.
From the shifting dynamics of vehicle pricing to the broader economic forces affecting car buyers, Erin provides a comprehensive look at what’s ahead for the industry.
We also discuss how regulatory changes, supply chain challenges, and consumer demand are shaping the future of automotive retail. Whether you're a dealer, manufacturer, or simply an industry observer, this conversation offers valuable takeaways on the forces influencing the road ahead.
Timestamped Takeaways:
0:00 Intro
0:54 Cox Automotive’s vast data sources reveal key industry insights
2:03 Translating data into actionable insights for manufacturers and dealers
2:52 EV adoption is rising, with one in four vehicles electrified in 2024
4:16 Clarifying the impact of CAFE standards on vehicle pricing
5:42 The hidden effects of tariffs on cars, parts, and dealerships
6:34 How tariffs could drive inflation in vehicle costs
8:02 Looking ahead: Policy, economics, and automotive trends for 2025
Thanks to Ascent Dealer Services for making our Public Policy Day coverage happen!
https://www.ascentdealerservices.com/
Erin Keating is Executive Analyst, Sr. Dir., Economics and Industry Insights at Cox Automotive
https://www.linkedin.com/in/erinfkeating/
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