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automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. Franchised automobile dealers had a positive outlook with a score of 54, seeing the market as strong. automobile dealers were feeling pretty good about the market,” added Smoke.
Battery electricvehicle (BEV) owners have been feeling the heat for quite some time. However, we now have another study that proves these cars are the best shot anyone has at losing money with automobiles. " Although luxury vehicles are also a money pit, BEVs take the crown when it comes to depreciation.
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. The total metrics reported have a +/- 3.06% margin of error. Visit coxautoinc.com.
automobile dealers. Franchised dealers, who sell both new and usedautomobiles, are more optimistic than used-only independent dealers, with an index score of 50. Sales Environment Improves, but Customer Traffic Remains Weak The new-vehicle sales index improved in Q4 from 51 to 54, suggesting a better sales environment.
Educated and trained as an automobile technician in England, Brian and his wife Jennifer dreamed of traveling to the United States. Throughout their 45 years in business, BA Auto Care has continually embraced new developments in the auto industry, now repairing cars of all makes and models, including hybrid and electricvehicles.
The market outlook index, which queries dealers about expectations for the vehicle market three months from now, typically enjoys a ‘spring bounce’ as automobile dealers look to the spring selling season. Vehicle Sales Environment Improves from Q4 But Remains Below Year-Ago Levels According to U.S.
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