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8 min read
U.S. Auto Dealer Sentiment Improves in Q1, but Current Market View Remains Weak as Profit Pressures Replace Inventory Woes
03/13/2024
ATLANTA, March 13, 2024 – The Cox Automotive Dealer Sentiment Index (CADSI) shows that current market sentiment improved slightly in the first quarter compared to the fourth quarter of 2023, increasing from 40 to 42, but remains well below the 50 threshold, indicating most dealers see the current market as weak. The survey’s current market index is largely driven by profitability, customer traffic and costs. Of…
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Cox Automotive Dealer Sentiment Index
CADSI
Press Releases
8 min read
Cox Automotive’s Car Buyer Journey Study Shows Satisfaction With Car Buying Improved in 2023 After Two Years of Declines
01/31/2024
ATLANTA, Jan. 31, 2024 – Cox Automotive’s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. This is good news for automobile dealers, who will gather in Las Vegas starting Thursday, February 1, for the National Automobile Dealers Association’s annual convention. Cox Automotive will be the largest exhibitor at NADA…
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Car Buyer Journey
Press Releases
8 min read
Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market
01/03/2024
ATLANTA, Jan. 3, 2024 – For the U.S. auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. Powered by the best data and keenest insights, Cox Automotive developed five themes that offer a collective vision and valuable perspective on the road ahead for the U.S. auto industry. Running throughout the five themes is a welcome return to…
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sales forecast
Press Releases
7 min read
U.S. Auto Dealer Sentiment Tumbles in Q4, as Continued Concerns Over Interest Rates and the Economy Cloud Future Prospects
12/07/2023
ATLANTA, Dec. 7, 2023 – The Cox Automotive Dealer Sentiment Index (CADSI) reveals a significant decrease in U.S. auto dealer sentiment in Q4 2023 compared to Q3. This decline is attributed to the ongoing adverse effects of high interest rates and a weakening economy on the automotive market. The latest survey illuminates several areas where dealer sentiment has dipped to all-time lows after showing relative stability…
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Cox Automotive Dealer Sentiment Index
CADSI
Press Releases
8 min read
Cox Automotive Service Study: Dealerships Losing Ground to General Repair Shops as Costs and Visit Frequency Increase
12/05/2023
ATLANTA, Dec. 5, 2023 – New research released by Cox Automotive today on the U.S. vehicle service industry shows that franchised dealerships continue to lose share to general repair shops. In the latest report – Under the Hood: Opportunities and Challenges in the Service Industry – franchised dealerships are shown to retain their position as the industry’s top service provider but have lost ground to service…
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5 min read
The Auto Industry: The Vital Importance of Used Cars Infographic
02/13/2018
All cars on the road are used. At the moment a vehicle is driven off a dealer’s lot by a proud new owner, that vehicle becomes a used car. This document illustrates some key facts about the size, scope and economic impact of the used car industry in this country. There are more than 278 million vehicles on U.S. roads, and every one of them is…
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Resources
5 min read
The Auto Industry in Perspective Infographic
02/13/2018
This infographic compares home sales with auto sales and explains why the two industries are no longer in lockstep. Differences in the financing environment between the two have been the primary cause for the difference in performance. Auto lending returned to pre-Recession levels as mortgages try to follow suit.
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Resources
15 min read
Cox Automotive Brand Book
08/24/2017
Together, our 25+ brands simplify the process, minimize friction and enable the smart, connected and enjoyable experience all car buyers and sellers expect. Check out the Cox Automotive brand book to learn more.
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1 min read
Cox Automotive Insights Book
08/09/2017
Cox Automotive is in a unique position to provide unmatched insights from an unparalleled perspective to our clients. And the 2017 Cox Automotive Insights Book is the latest expression of the breadth of our knowledge and our commitment to helping our clients achieve exponentially better outcomes with improved process efficiency, revenue, innovation, customer experiences and brand loyalty.
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