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Cox economist: Auto markets should stand strong despite economic headwinds

Auto Remarketing

Even with the looming threat of an autoworkers strike, rising interest rates and a shaky economy that might or might not be on the verge of a recession, car dealers should come out OK the rest of this year. Experts are split on whether there will be a significant economic downturn, but, Chesbrough said.

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Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market

AutoSuccess

auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. auto market being steered by five key themes. Meanwhile, the used EV market is expected to be the fastest-growing segment of the wholesale/used-vehicle market.

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Retail used-car market by the numbers: Supply, demand, prices & EV metrics

Auto Remarketing

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. These are just some of the trends and data shared in the inaugural monthly Industry Insights Report from Cars Commerce released Thursday. Used-car demand fell 7.6%

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Color study shows the graying of America’s cars

Auto Remarketing

America’s cars are going gray — and not just because they’re getting older. The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. of the market to 19.2%. auto market, representing 78.9%

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Renault 5 E-Tech's Denim Interior Is A Throwback To The 1980s R5 Blue Jeans Edition

Jalopnik

The Renault 5 E-Tech Electric is bringingstyle and fun back to the European auto market with a retro design that looks just as good in 2024 as it did in 1972, when the original Renault 5 came out. The 5, also known as the R5 and Le Car , was a huge success for Renault , spawning myriad models and versions across two… Read more.

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2025 Lucid Gravity Is Queen Of The Electric SUVs With A 440-Mile Range

Jalopnik

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.

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Mixed views on March, but signs point to ‘normalcy’ in wholesale vehicle market

Auto Remarketing

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. It may depend on which industry index you’re observing.

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