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Dealers’ Optimism on Rise, says Cox Q4 2024 Dealer Sentiment Index

AutoSuccess

The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.

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High Interest Rates, Slow Economy Repress U.S. Auto Dealer Sentiment

AutoSuccess

auto market, according to the Cox Automotive Dealer Sentiment Index (CADSI). The Q3 current market index was 45, still below the threshold of 50, indicating that more dealers see the current auto market as weak than see the market as strong. Auto Dealer Sentiment appeared first on AutoSuccessOnline.

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Report shows consumers ‘speaking with their wallets’ on affordability concerns

Auto Remarketing

While acknowledging “coming down from multi-decade highs in interest rates is absolutely a welcome change for the environment,” Roberts added even when the half-percentage-point drop does make it to the auto market, it won’t make as large dent in the cost and monthly payment as car buyers might think.

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Cox survey finds dealer sentiment stable – at a pessimistic level

Auto Remarketing

Many dealers and consumers believe the election outcome will impact the economy and the auto market in some way – either good or bad – and that expectation of change is causing paralysis in the market and hurting sentiment.” The full results can be downloaded here. Weak/declining selections are assigned a value of 0.

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Cox’s Q1 survey shows hint of optimism, but dealers still down on current market

Auto Remarketing

auto market is very different than it was just two years ago.” The full results can be downloaded here. The post Cox’s Q1 survey shows hint of optimism, but dealers still down on current market appeared first on Auto Remarketing. “Dealer costs continue to grow and profitability per sale has dropped.

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

AutoSuccess

’ Many dealers and consumers believe the election outcome will impact the economy and the auto market in some way – either good or bad – and that expectation of change is causing paralysis in the market and hurting sentiment.” Download the full results of the Q2 2024 Cox Automotive Dealer Sentiment Index.

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U.S. Auto Dealer Sentiment Improves in Q1, Market View Remains Weak

AutoSuccess

auto market is very different than it was just two years ago.” ” While the current market index, and many of the factors driving it, remains weak, the market outlook index improved significantly in Q1, jumping from 41 last quarter to 51 in Q1. The total metrics reported have a +/- 3.04% margin of error.