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Cox Automotive projects new vehicle sales will slow down in 2026 market

A new outlook from Cox Automotive projects that new vehicle sales are expected to slow slightly in 2026 from last year, which surpassed expectations for the industry. Cox Automotive forecasted that the U.S. will see 15.8 million new vehicles sold in 2026, which represents a 2.4% decline from sales levels a year ago. It also projects a 1.5% year-over-year decline in retail sales, while fleet sales are expected to fall 6.1% from 2025.Additionally, Cox anticipates a…

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Trump Says Venezuela Would Give Him 30 to 50 Million Barrels of Oil

2026-01-07T02:40:54.616Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…

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Meta Hires Former Trump Official C.J. Mahoney As Chief Legal Officer

Meta has hired C.J. Mahoney, a former senior Microsoft legal executive and onetime Trump administration official, as its next chief legal officer, Axios reported.Mahoney will replace Jennifer Newstead, who announced in December that she would leave Meta after more than five years to become Apple’s general counsel. Mahoney is set…

Investing

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