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AutoSuccess
DECEMBER 13, 2024
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.
Auto Remarketing
OCTOBER 11, 2024
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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Auto Remarketing
JUNE 12, 2024
While franchises rated the overall market at 49 – just below threshold – independents gave it a 40. In addition, expectations for the market over the next three months took a tumble, with the overall index dropping from a slightly optimistic 51 the previous quarter to a hoping-for-the-best 44. The full results can be downloaded here.
Auto Remarketing
MARCH 13, 2024
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. That score has dropped steadily since its peak of 60 in Q3 2021.
AutoSuccess
JUNE 11, 2024
In the auto business, uncertainty is the enemy — it negatively impacts sales, hurts consumer sentiment, and leaves auto dealers feeling troubled.” ” Despite the market’s perceived weakness, the CADSI showed some promising signs in Q2. While still below the 50 threshold at 36, profit perceptions have stabilized.
AutoSuccess
MARCH 19, 2024
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.
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