- ECONOMIC INDICATORS: Thanks to the strong economy, any decline in consumer confidence caused by the stock market correction should be short-lived.
- DEMAND: New sales volume increased 1% YOY and Used car sales decreased 4% YOY.
- SUPPLY: The days’ supply was 83, down 1 day YOY and up 23 days from December.
A monthly report leveraging Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry.
Cox Automotive February 2018 Industry Update
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