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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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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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This $8,000 Suzuki From India Received A 5-Star Crash Test Rating

Jalopnik

There aren’t any new models available under $20,000 in the for American car buyers anymore, but emerging auto markets like India have plenty of cheap cars to go around. One of these budget cars just proved that you don’t have to spend a lot of money to be safe. Read more.

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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%

Used Cars 105
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Color study shows the graying of America’s cars

Auto Remarketing

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%

Car 52
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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. The 5, also known as the R5 and Le Car , was a huge success for Renault , spawning myriad models and versions across two… Read more.

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2025 Genesis G80 Is A Luxury Sedan That Still Matters

Jalopnik

The auto market has fallen out of love with sedans , choosing to opt for taller and bigger crossovers. Because of that, many automakers have left the sedan market altogether , but there are still a few that soldier on.