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. “To name a few, we saw historic appreciation in vehicle values, unimagined drops in supply, and interest rates moving from all-time lows to 23-year highs at an unforgiving pace.

Auto Market 40

Auto Market Electric Vehicles Automotive Electricity 40

Auto Remarketing

MARCH 13, 2024

Auto dealers still don’t like the look of the current market for vehicles. The overall profitability index of 33 is the second-lowest ever, behind only the pandemic shutdowns of Q2 2020. The vehicle market in the U.S. auto market is very different than it was just two years ago.”

Electric Vehicles 52

Electric Vehicles Automotive Vehicle Electricity 52

Auto Remarketing

OCTOBER 11, 2024

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ latest Quarterly Review, which found sales of lower-priced used cars rising and high-end vehicle sales falling. “As days on market) and 2-3 year-old (58.5

Finance 52

Finance Used Cars Vehicle Car 52

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.

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52