AutoSuccess
JANUARY 29, 2024
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. Limited production between 2020 and 2022 has led to a scarcity of prime, available CPO products despite strong demand.
Auto Remarketing
MARCH 13, 2024
The Cox Automotive Dealer Sentiment Index for the first quarter of 2024 shows dealers’ view of the market has improved only slightly, up to 42 (out of 100) from Q4 2023’s dismal score of 40 — the lowest since the beginning of the COVID pandemic in the spring of 2020. auto market is very different than it was just two years ago.”
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Auto Remarketing
OCTOBER 11, 2024
While acknowledging “coming down from multi-decade highs in interest rates is absolutely a welcome change for the environment,” Roberts added even when the half-percentage-point drop does make it to the auto market, it won’t make as large dent in the cost and monthly payment as car buyers might think.
AutoSuccess
MARCH 19, 2024
At 33, the profitability index fell to its second-lowest score ever, behind only Q2 2020, at the height of the COVID-19 pandemic. Beginning in the second half of 2022, the index has dropped significantly and, in Q1 2024, hit 41 – the lowest point in the survey’s history excluding Q2 2020. “The vehicle market in the U.S.
Auto Remarketing
FEBRUARY 17, 2025
automakers, issued a statement from its president Matt Blunt urging the President to exempt automotive items that are in accordance with the 2020 United States-Mexico-Canada Agreement from the new tariffs. Those tariffs, CarGurus director of economic and market intelligence Kevin Roberts said, could present another major problem for a U.S.
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