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A Look at How Auto Lenders and Retailers Continued Back Office Digital Adoption in Q4

AutoSuccess

The auto finance and retail industries continued to embrace the adoption of digital documentation and back-office strategies toward the end of 2024. Todays Rebounding Auto Market The positive trends in the reported digital adoption coincide with a continued rebound in the U.S. auto market.

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

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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. In 2024, the used-vehicle market is expected to grow by less than 1%. million vehicles sold via retail channels.

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U.S. Automobile Dealer Sentiment: Dealers Remain Pessimistic, Cautious

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. “Overall, dealer sentiment is likely worse than actual market conditions,” added Smoke. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. 3 on the list of top 10 factors affecting business.