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Cox economist: Auto markets should stand strong despite economic headwinds

Auto Remarketing

Even with the looming threat of an autoworkers strike, rising interest rates and a shaky economy that might or might not be on the verge of a recession, car dealers should come out OK the rest of this year. Experts are split on whether there will be a significant economic downturn, but, Chesbrough said.

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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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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. 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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How Direct-Hit Pro Academy can help your auto shop make quicker fixes

Solera

The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians. Fortunately, the same digital revolution disrupting the automotive industry has spawned solutions for coping with the challenges of repairing today’s automobiles.

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Learn what you need when you need it with Identifix Direct-Hit® Pro Academy

Solera

The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians. Fortunately, the same digital revolution disrupting the automotive industry has spawned solutions for coping with the challenges of repairing today’s automobiles.

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Cox Automotive Makes World-Class Connections at NADA 2024

AutoSuccess

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

Auto Remarketing

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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