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U.S. auto sales through the first half of the year are up by 2.9% compared to a year ago. But, concerns loom over if the industry can sustain

Uncertainty looms over U.S. auto sales momentum

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U.S. auto sales through the first half of the year are up by 2.9% compared to a year ago. However, concerns loom about whether...
Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders leave its benchmark rate unchanged

Federal Reserve holds interest rates steady, impacting auto loans and dealer...

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Dealers and consumers will have to wait for relief from higher interest rates as Federal Reserve leaders opted to leave the Fed benchmark rate...
The latest Cox Automotive Dealer Sentiment Index for Q2 2024 remained stable compared to Q1, indicating a consistent outlook.

Cox Automotive dealer sentiment holds steady amid market uncertainty

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The latest Cox Automotive Dealer Sentiment Index (CADSI) for Q2 2024 remained stable compared to Q1, indicating a consistent outlook among U.S. auto dealers...
Dealer sentiments rose in the first quarter on better sales and inventory but were held back by declining profit expectations.

Dealer optimism sees spring boost but remains cloudy on profit concerns

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Dealers are showing more optimism toward the market but remain cautious on the whole as normalizing car prices continue to sap profits. According to Cox...
Explore the seismic shift in the auto sales landscape as luxury vehicles become increasingly reserved for the top income earners.

The high-income club’s grip on auto sales

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The auto sales landscape is undergoing a seismic shift. In April of last year, CBS Detroit reported that Jonathan Smoke, chief economist at Cox Automotive,...

Ford sets ambitious targets, GM’s deal with LG Chem, Toyota invests...

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Inside Automotive How consumer preferences are dictating the car buying process — Bill Wittenmyer Consumer preferences have rapidly transformed in the retail automotive sector. Knowing how...

Musk seeks 25% stake in Tesla, Hyundai offers $7,500 cash bonuses,...

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Inside Automotive  Could your dealership benefit from an in-store clinic? — Melissa DeMontrond | DeMontrond Auto Group When most people hear the phrase in-store clinic, they...

Dec. U.S. auto sales, EV tax credit updates, Tesla loses market...

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Inside Automotive  The 2024 automotive landscape: 5 trends all dealers should watch — Jonathan Smoke | Cox Automotive With 2023 in the rearview mirror, it is...
Used car prices held steady in September, allowing values to decline at a slower rate in Q3 than in Q2 of 2023.

Used car prices rise in September, balance out in Q3

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Used car prices held steady in the third quarter after dropping rapidly in the second, according to Cox Automotive's latest Manheim report. Rising values in...
With all the buzz surrounding the UAW strikes, many customers will be anxious about their current or future vehicle purchases.

Navigating the UAW strikes: A guide for dealers on effective customer...

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The automotive industry is no stranger to challenges, be it the global computer chip shortage or the recent impact of the pandemic. The newest...