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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. “To name a few, we saw historic appreciation in vehicle values, unimagined drops in supply, and interest rates moving from all-time lows to 23-year highs at an unforgiving pace.

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Thinking of Buying a Hyundai? Here’s What You Need To Know

Auto Service World

As a car buyer looking for value and reliability, you might have turned your gaze towards Hyundai, a brand known for its diverse range of vehicles that cater to nearly every segment of the auto market.

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

Solera

Modern repair shop challenges If not effectively addressed, the challenges caused by trends in the automotive industry can hinder auto technicians and repair shops from delivering high-quality service to their customers. But auto techs must constantly stay current with upgrades and modifications for various components.

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

Solera

Modern repair shop challenges If not effectively addressed, the challenges caused by trends in the automotive industry can hinder auto technicians and repair shops from delivering high-quality service to their customers. But auto techs must constantly stay current with upgrades and modifications for various components.

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How Will Advanced Automotive Technology Showcased at CES 2024 Impact F&I Protection Products for Dealers?

AutoSuccess

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?” Automotive Technology on Display at CES 2024 Automakers have been incorporating AI into cars for over 10 years. 7 electric vehicles. 7 electric vehicles.

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Cox survey finds dealer sentiment stable – at a pessimistic level

Auto Remarketing

In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.

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U.S. Automobile Dealer Sentiment: Dealers Remain Pessimistic, Cautious

AutoSuccess

On the other hand, independent dealers scored the current used-vehicle market at 38 – an improvement from last year and last quarter – but still indicating that a majority of independent dealers perceive the used-vehicle market as weak. 3 on the list of top 10 factors affecting business.