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

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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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Cox survey finds dealer sentiment stable – at a pessimistic level

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“Overall, dealer sentiment is likely worse than actual market conditions,” Smoke said. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels and we believe interest rates have likely hit a ceiling. The full results can be downloaded here.

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

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. “Overall, dealer sentiment is likely worse than actual market conditions,” added Smoke. Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. 3 on the list of top 10 factors affecting business. The post U.S.

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

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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.