2020 Auto Market Vehicle 
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 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
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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.”
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
The announced 25% tariffs on all imports from Canada and Mexico, currently on hold, could have a significant impact on the industry, given the large amount of vehicles and components that cross the borders. 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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