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Cars Commerce report: All quiet on the used-car front

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The latest numbers from Cars Commerce show a new-car market in flux, with prices falling as excess inventory builds up. In the used-car world, on the other hand, all is calm and steady. The age of those used cars is steadily increasing, which means consumers are now getting an older car for the money than they had before.

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AWIN Group of Dealerships Launches Auto Group App

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It is designed for users to find and purchase new and used cars of all brands available at the AWIN dealerships, manage, save and sync their purchases, access and download the manufacturers’ apps, connect with roadside assistance, Electric Vehicle travel assistant and much more. Click here to download. “

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Cox survey finds dealer sentiment stable – at a pessimistic level

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Likewise, independents’ 38 score for the used-car sales environment (up from 36 in Q1) was far worse than the franchises’ hopeful index of 54. Sentiment about electric vehicle sales fell to a new low in Q2, dropping to 41 when dealers were asked how EV sales compare to a year ago – the fourth consecutive quarterly decline.

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

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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. 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

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Electric Vehicle Sales Index Drops to Record Low When asked how EV sales compare to one year ago, a majority of dealers say they are worse, not better. ” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic. The post U.S.