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Facing a slow start to the year, and with concerns over inflation and the economy, automobile dealer sentiment softened in Q1, marking the third consecutive quarter-over-quarter decline in current market sentiment.
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New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.
Read More →In the most recent Auto Market Report video, Cox Automotive Chief Economist Jonathan Smoke notes that 2022 has started slower for the U.S. economy and for vehicle sales.
Read More →Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
Read More →First of several benefits planned in 2022 to further independent dealer goals, needs.
Read More →Watch the Auto Market Report video for more data and insights that provide a holistic view of the auto industry.
Read More →Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
Read More →Kelley Blue Book has pulled out 10 interesting takeaways from last year’s market performance – a final look at 2021.
Read More →New-vehicle sales in January are expected to reach 1.01 million units, a drop of 8.9% compared to January 2021, according to a forecast released today by Cox Automotive.
Read More →The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.
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