Remove Auto Market Remove Automotive Remove Vehicle
article thumbnail

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.

Vehicle 105
article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

AutoSuccess

In today’s economic climate, consumers are grappling with extreme inflationary pressures affecting vehicle ownership. Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. According to AAA, the average annual cost has surged by $1,454 to $12,182 per vehicle.

Vehicle 98
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Roadmap to Prosperity: Indie Dealerships’ Guide to Competing with the Big Players

Solera

Introduction In the fast-paced world of automotive retail, independent dealerships often face stiff competition from larger counterparts. While it may seem like a David vs. Goliath scenario, there are strategic approaches that indie dealerships can employ not only to survive but thrive in the market.