2023 Auto Market Car 
Auto Remarketing
FEBRUARY 16, 2024
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. These are just some of the trends and data shared in the inaugural monthly Industry Insights Report from Cars Commerce released Thursday. Used-car demand fell 7.6%
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. In 2024, the used-vehicle market is expected to grow by less than 1%. million units, up 3% from 2023.
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Auto Remarketing
APRIL 8, 2024
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. year-over-year and rose 0.9%
Auto Remarketing
OCTOBER 3, 2023
America’s cars are going gray — and not just because they’re getting older. The latest study of car colors from iSeeCars shows gray rising in popularity, passing silver for third in market share behind perennial favorites white and black. of the market to 19.2%. auto market, representing 78.9%
AutoSuccess
SEPTEMBER 6, 2024
cars or roughly two vehicles, according to Money Geek. This means the average household spends over $2,000 per month to own and maintain their cars. Consumers are holding onto their cars longer, reducing the availability of used vehicles for sale. for used car loans. for used car loans, according to Car and Driver.
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.
AutoSuccess
JANUARY 31, 2024
auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. Satisfaction with Car Buying Improves After Two Years of Decline As U.S. In 2023, 69% of consumers were highly satisfied with the car buying process compared to 61% in the 2022 study.
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