Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.
Report says winter brought February dip; revenue was actually up.
Pattern could reverse as other market movements influence shoppers.
Up both month-over-month and year-over-year in surprise turn.
First-quarter Cox index remains down, but the second-quarter outlook is better.
Boost overall US auto deliveries as inventories improve.
Derek Hansen brings a strategic focus to help dealers achieve greater profitability in an evolving market.
Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.
Cox Automotive forecasts sales will increase nearly 4% from 2022 and from January 2023.
Pushes wholesale prices higher.
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