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January auto sales

January auto sales start strong but reveal changing landscape for dealers

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January auto sales are off to a strong start, but they show a possibly altered retail situation for dealers. The automotive industry is facing...
car buyer satisfaction

Car buyer satisfaction loses progress, down to pre-pandemic levels says Cox...

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A new Cox Automotive report has revealed that car buyer satisfaction continued to decline in 2022, despite industry efforts to provide better service in...
Smoke dealers 2023 shifts

What are the top challenges facing car dealers in 2023? —...

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It has been predicted that the rest of the year will witness similar movements based on the changes the car industry has already experienced,...
used-vehicle

Manheim forecasts used vehicle market will perform better in 2023

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Cox Automotive has published a surprisingly positive forecast for 2023's used-vehicle market, predicting slightly better sales and a market normalization. The data used for its...
Jonathan Smoke end of year, 2023 predictions auto retailers trends

Cox economist Jonathan Smoke breaks down 10 predictions for the future...

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Over the past few years, our industry has experienced changes in inventory, high prices, and electric vehicles. Can we anticipate more of the same...
new car sales vehicle sales

December’s U.S. vehicle sales brings a complex end to 2022

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December's U.S. retail vehicle sales results are a mixed bag. It signifies an end to 2022 that came with fluctuations experienced throughout the year....
trade-in December auto sales

New vehicle sales, inventory, and prices rise in December 2022

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U.S. auto sales in December will likely improve by 4% year-over-year to 1.27 million, according to a forecasted analysis conducted by Cox Automotive. However,...
Jonathan Smoke end of year, 2023 predictions auto retailers trends

What can auto retailers expect from the market in 2023?

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2023 is right around the corner, and on today's edition of Inside Automotive, Jonathan Smoke, Chief Economist at Cox Automotive, looks back on this...
Cox Automotive, microchip shortage

As the clock winds down on a year steered by tight...

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ATLANTA, Dec. 19, 2022 – With the start of the New Year just weeks away, the Cox Automotive Industry Insights team offers its expectations...
2023

New Edmunds report forecasts modestly improved new vehicle market in 2023

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Market researchers at Edmunds believe that 2023 will bring a small but noticeable increase in new vehicle sales thanks to slight economic recoveries seen...