2021 Auto Market Electric Vehicles 
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.
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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AutoSuccess
DECEMBER 13, 2024
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. This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.
Auto Remarketing
MARCH 13, 2024
That score has dropped steadily since its peak of 60 in Q3 2021. That’s less than half of its 2021 high point of 86 and the first time since the pandemic that it’s been below the 50 threshold. auto market is very different than it was just two years ago.”
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.
Auto Remarketing
JUNE 12, 2024
Still, Smoke said, hidden in the overall dealer pessimism are some positive signs, notably the profit index, which, while it only reached 36 overall, rose for the first time since Q3 2021. Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said. “In
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.
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