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The automotive industry is experiencing a surge in consumer sentiment and a significant increase in inventory levels as the year progresses.

Automotive sales surge in October as inventory/incentives rise: What’s driving the...

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The automotive industry is experiencing a surge in consumer sentiment and a significant increase in inventory levels as the year progresses.  According to Morning Consult,...
A recent study by Edmunds revealed that in Q3 of 2024, the average new car cost $47,542—$20,365 more than the average used car.

Study found new car prices surged to record highs, leaving used...

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As the price gap between new and used vehicles reaches an unprecedented level, many consumers are feeling the tension of escalating costs in the...
Chesbrough industry

How dealers are navigating the challenges and opportunities in the industry...

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As we continue to navigate the vastly changing landscape of retail automotive, it's imperative to take note of the recent developments that have shaped...
new vehicle inventory, New vehicle affordability

New vehicle inventory improves in July, but remains lower than pre-pandemic...

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According to newly released insights from Cox Automotive's analysis of vAuto available inventory data, new-vehicle inventory numbers are improving slightly. New-vehicle inventory was slightly higher at the...
sales

Supply constraints and record profits color the November sales forecast

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Automakers appear to be on the cusp of an inventory surge that would replenish dealer lots and offer more choice to customers. However, November’s...
Finkelmeyer

Cox Automotive’s Brian Finkelmeyer on new vehicle inventory and what dealers...

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As demand continues to climb alongside inventory concerns, could you be doing more to get ahead of it all? On today’s show, we’re pleased...

Dale Pollak shares insight into current trends and economic impacts in...

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We have all been impacted by dwindling inventory in today’s market. While profits still remain high for many, what we are experiencing may be...

Factory orders provide inventory stability and customer loyalty

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New car and used car inventories are strained for many dealerships across North America and many other markets worldwide. The chip shortage has put...
Charlie Chesbrough

Have strong Q1 auto sales set the stage for the rest...

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Today on CBT News, host Jim Fitzpatrick is joined by Charlie Chesbrough, Senior Economist and Senior Director of Industry Insights at Cox Automotive. Chesbrough...
Brian Finkelmeyer

The current state of new vehicle inventory levels – Brian Finkelmeyer,...

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Low vehicle supply with great demand has been a common theme throughout this pandemic and also a pain point for most dealers. So what’s...