Remove 2023 Remove Auto Market Remove Automotive
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Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market

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auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. Powered by the best data and keenest insights, Cox Automotive developed five themes that offer a collective vision and valuable perspective on the road ahead for the U.S. auto industry.

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Mixed views on March, but signs point to ‘normalcy’ in wholesale vehicle market

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Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-car market. It may depend on which industry index you’re observing.

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Cox Automotive Makes World-Class Connections at NADA 2024

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Cox Automotive will occupy the largest exhibition space at NADA Show 2024, Feb. The Cox Automotive Village on site spans almost 29,000 square feet, equivalent to half a football field and includes 10 booths, the Cox Automotive stage, and more than 200 demonstration stations. 1-4 at the Las Vegas Convention Center.

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Retail used-car market by the numbers: Supply, demand, prices & EV metrics

Auto Remarketing

It was good news, bad news for the retail used-car market in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. from January 2023, but jumped 13.7% Meanwhile, the used EV market should an altogether different trendline. from January 2023 and beat December levels by 9.2%.

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How Will Advanced Automotive Technology Showcased at CES 2024 Impact F&I Protection Products for Dealers?

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The Consumer Electronics Show (CES) 2024 proved once again that the biggest technology show of the year is also becoming an important automotive show as well. Automotive Technology on Display at CES 2024 Automakers have been incorporating AI into cars for over 10 years. Why the increase? appeared first on AutoSuccessOnline.

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High Interest Rates, Slow Economy Repress U.S. Auto Dealer Sentiment

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held mostly steady in Q3 2023 compared to Q2, as high interest rates and economic concerns weigh heavily on the U.S. auto market, according to the Cox Automotive Dealer Sentiment Index (CADSI). auto market is relatively balanced and consistent from last quarter. .” Overall dealer sentiment in the U.S.

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

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Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. for used car loans. year-to-date as of June 2024.

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