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

AutoSuccess

auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. ” For 2024, the Cox Automotive Economic and Industry Insights team sees the U.S. auto market being steered by five key themes. For the U.S.

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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. 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%

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Renault 5 E-Tech's Denim Interior Is A Throwback To The 1980s R5 Blue Jeans Edition

Jalopnik

The Renault 5 E-Tech Electric is bringingstyle and fun back to the European auto market with a retro design that looks just as good in 2024 as it did in 1972, when the original Renault 5 came out.

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Dealers’ Optimism on Rise, says Cox Q4 2024 Dealer Sentiment Index

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The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. 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. automobile dealers.

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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. “We are excited to showcase the most complete and connected ecosystem in the auto industry at the NADA Show 2024, which is undoubtedly the auto industry’s event of the year.” 1-4 at the Las Vegas Convention Center.

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

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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.

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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. With this new technology, car manufacturers and dealers must also ask the question, “What happens if these technologies stop working or need to be repaired?” Why the increase?