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Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.
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Report says winter brought February dip; revenue was actually up.
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Pattern could reverse as other market movements influence shoppers.
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Up both month-over-month and year-over-year in surprise turn.
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First-quarter Cox index remains down, but the second-quarter outlook is better.
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Boost overall US auto deliveries as inventories improve.
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Derek Hansen brings a strategic focus to help dealers achieve greater profitability in an evolving market.
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Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.
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Cox Automotive forecasts sales will increase nearly 4% from 2022 and from January 2023.
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