Jalopnik

NOVEMBER 16, 2023

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market.

Electricity 72

Electricity Auto Market Utilities IT 72

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

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.

Auto Market 52

Auto Market Electric Vehicles Automotive Vehicle 52

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.

Automobile 52

Automobile Auto Market Retail Automotive 52

Auto Remarketing

MARCH 13, 2024

Auto dealers still don’t like the look of the current market for vehicles. 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. The vehicle market in the U.S.

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

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. “The vehicle market in the U.S. auto market is very different than it was just two years ago.”

Automotive 52

Automotive Vehicle Automobile Electric Vehicles 52