Prices stay high, though, as makers focus on fleet sales.
Improved inventory levels and higher retailing cited for the sales boost.
Experienced technology professional has served in key marketing and sales roles at leading brands.
The company reported a profit before tax of $326 million for the quarter ending in December.
Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives.
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
Report shows pace of adoption building as ICE vehicles wane.
Dealer profits still high, though fewer units marked above MSRP.
Volvo Car AB of Sweden reported sales grew 7% year-over-year in October.
Carmaker has best quarter of year despite overall industry problems.
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