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.

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Used Cars Car Retail Automobile 116

AutoSuccess

JUNE 11, 2024

The profit index, for example, increased for the first time since Q3 2021. With moderate incentives since 2021, dealers consistently describe their current OEM new-vehicle incentives as small. Conversely, the used-vehicle sales index remains under the 50 threshold, indicating a weak market. Visit coxautoinc.com. The post U.S.

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Automobile Automotive Vehicle Retail 52

AutoSuccess

DECEMBER 13, 2024

automobile dealers. “We saw a surge in the outlook, technically the largest surge we have had quarterly in the history of the data, and it gets us back to Q2 2022 levels,” noted Smoke. “It is the best fourth quarter since 2021, which was the most profitable quarter in dealer history.” Views of the U.S.

Automobile 52

Automobile Auto Market Retail Automotive 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 overall profits index hit an all-time high of 60 in Q3 2021 and has been sliding ever since. automobile dealers.

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Automotive Vehicle Automobile Electric Vehicles 52