Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchised and independent auto dealers from around the country, the Cox Automotive Dealer Sentiment Index (CADSI) measures dealer perceptions of current retail auto sales and sales expectations for the next three months as “strong,” “average” or “weak.” The survey also asks dealers to rate new-car sales and used-car sales separately along with a variety of key drivers including consumer traffic. Responses are used to calculate an index by which any number over 50 indicates that more dealers view conditions as strong rather than weak. When an index is below 50, overall sentiment is negative.
Data for the Cox Automotive Dealer Sentiment Index is gathered via online surveys. The Q2 results were based on 1,140 dealer respondents, comprising 610 franchised and 530 independents, across the country from April 28 to May 10, 2020. Dealer responses were weighted by dealership type and volume of sales to be representative of the national dealer population.
Download the full report of the Q2 2020 Cox Automotive Dealer Sentiment Index below.
Read the press release to see the highlights: https://www.coxautoinc.com/news/q2-2020-cadsi/
If you are interested in speaking with Cox Automotive Chief Economist Jonathan Smoke or need additional study details, contact Mark Schirmer, director, public relations, Cox Automotive, at email@example.com or 734 883 6346.
Cox Automotive Dealer Sentiment Index – Second Quarter 2020
Read the full findings of the Q2 2020 Cox Automotive Dealer Sentiment Index quarterly survey.Download