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Though traffic and profits were down in the first quarter, normally optimistic franchisees and independents saw dim current conditions while holding out visions of healthy spring sales.
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In the wake of a healthy year of business, many are seeing slowed traffic and otherwise gloomy conditions.
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Kerrigan Index, survey find industry buy-sell activity robust despite industry challenges
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Cox Automotive index finds Q1 improvements but pessimism about Q2.
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Settled election makes them optimistic despite lingering affordability issues.
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First-quarter Cox index remains down, but the second-quarter outlook is better.
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Top five are familiar, especially with Honda’s return.
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Cox Automotive’s latest Dealer Sentiment Index shows a marked disparity in optimism and fear factors between America’s new- and used-car dealers.
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Cox Automotive analysts say U.S. dealers reported strong traffic and profits but have remained largely pessimistic in their view of the auto retail market in the second quarter.
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