U.S. Auto Dealer Sentiment Improves in Q1, Market View Remains Weak
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.
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