AutoSuccess

MARCH 14, 2025

automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. Franchised automobile dealers had a positive outlook with a score of 54, seeing the market as strong. automobile dealers were feeling pretty good about the market,” added Smoke.

Automobile 52

Automobile Electric Vehicles Insurance Automotive 52

Auto Remarketing

MARCH 11, 2024

The retail used-car market, including the certified pre-owned segment, showed some real strength last month, improving from both year-ago and January figures. Citing data from its vAuto business unit, Cox Automotive estimated that used-vehicle retail sales in February climbed 18% month-over-month and 5% year-over-year. year-over-year.

Used Cars 116

Used Cars Car Retail Automobile 116

AutoSuccess

OCTOBER 22, 2024

The National Automobile Dealers Association (NADA) elected Tom Castriota, owner of Castriota Chevrolet, Inc. Cochran is the president and CEO of #1 Cochran, Western Pennsylvania’s largest automotive retailer. He has been on the NADA board of directors since 2020. “I in Hudson, Florida, as its 2025 chairman.

Automobile 52

Automobile Retail Automotive Car 52

AutoSuccess

FEBRUARY 19, 2024

Retail outlets – dealerships – continue to deliver levels of satisfaction that many critics may find surprising: When considering the dealership or retailer experience in 2023, 74% of all vehicle buyers and 79% for new-vehicle buyers reported that they were highly satisfied. Carvana, Vroom) compared to 2021 and 2022.

Car 80

Car Vehicle Retail Automotive 80

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. automobile dealers.

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52

AutoSuccess

JANUARY 29, 2024

“A decade from now, when we look back at the years immediately following the global pandemic of 2020, we’ll be awed by the dramatic swings and unprecedented circumstances the economy and auto market endured,” said Cox Automotive Chief Economist Jonathan Smoke. million vehicles sold via retail channels. million sales.

Auto Market 40

Auto Market Electric Vehicles Automotive Electricity 40