- ECONOMIC INDICATORS: The economy appears to be gaining momentum, so spending on autos should remain robust in the 4th quarter.
- DEMAND: October new sales volume fell 1% YOY and used vehicle volume increased 3% YOY.
- SUPPLY: The days’ supply for October was 70, down 3 days YOY and up 7 days from September.
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 November 2017 Industry Update
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