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Cox economist: Auto markets should stand strong despite economic headwinds

Auto Remarketing

That’s the reassuring message sent by Cox Automotive senior economist Charlie Chesbrough in “Charlie's Real-Time Quarterly Market Update,” a webinar presented last week by the American International Automobile Dealers Association. Experts are split on whether there will be a significant economic downturn, but, Chesbrough said.

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Auto Market Forecast for 2024: The Old Normal

Automotive Fleet

Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any direction.

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Cox midyear review: Consumers’ waiting game slows growth of auto market

Auto Remarketing

Uncertainty is the name of the game right now in the automotive market, according to chief economist Jonathan Smoke and Cox’s team of analysts, as consumers wait for any number of things — including.

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First-Ever 2025 Toyota Corolla Cross Electric Arrives to Show the Future of EVs - in CGI

autoevolution

The Japanese automaker has found enough time to prepare a tidal wave of novelties this year for the automotive markets is most fond of. Toyota introduced so many novelties solely across the US auto market that I am a bit afraid to make a list because I might forget some of the most critical mo. Nope, not at all. Consider this.

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EV Sales Hit New Record Despite Down Auto Market

Automotive Fleet

While this is the EV decade, the market is a long way from becoming one centered on electric vehicles.

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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. auto market being steered by five key themes. Meanwhile, the used EV market is expected to be the fastest-growing segment of the wholesale/used-vehicle market.

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The 10 Most Anticipated Electric Vehicles Coming in 2024

autoevolution

Although initially reluctant, the US auto market is finally embracing electric vehicles. Here are the 10 most anticipated EV models scheduled to hit the market in 2024 and what to expect of them. Dozens of new models will launch next year, making it hard to make a decision.