AutoSuccess

JUNE 11, 2024

In the auto business, uncertainty is the enemy — it negatively impacts sales, hurts consumer sentiment, and leaves auto dealers feeling troubled.” ” Despite the market’s perceived weakness, the CADSI showed some promising signs in Q2. The profit index, for example, increased for the first time since Q3 2021.

Automobile 52

Automobile Automotive Vehicle Retail 52

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. Meanwhile, the used EV market is expected to be the fastest-growing segment of the wholesale/used-vehicle market.

Auto Market 40

Auto Market Electric Vehicles Automotive Electricity 40

AutoSuccess

DECEMBER 13, 2024

automobile dealers. The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. A majority of independent dealers indicate that the current market is weak, with a score of 39.

Automobile 52

Automobile Auto Market Retail Automotive 52

AutoSuccess

SEPTEMBER 26, 2023

auto market, according to the Cox Automotive Dealer Sentiment Index (CADSI). The Q3 current market index was 45, still below the threshold of 50, indicating that more dealers see the current auto market as weak than see the market as strong. Overall dealer sentiment in the U.S.

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Auto Market Electric Vehicles Automotive Vehicle 52

AutoSuccess

MARCH 19, 2024

After peaking at 60 in 2021, the profitability index has continued to decrease, hitting a post-pandemic low for the second straight quarter in Q1, indicating most dealers see profits as weak, not strong. auto market is very different than it was just two years ago.” economy was shut down. That sentiment has changed.

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52