Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.
Report says winter brought February dip; revenue was actually up.
Pattern could reverse as other market movements influence shoppers.
Up both month-over-month and year-over-year in surprise turn.
First-quarter Cox index remains down, but the second-quarter outlook is better.
Boost overall US auto deliveries as inventories improve.
Derek Hansen brings a strategic focus to help dealers achieve greater profitability in an evolving market.
Keeping up with technology trends is an ongoing exercise, especially in the auto sales industry. It’s an essential part of owning a business and managing a department. The next new and exciting innovation is always right around the corner, and it’s your job to stay abreast of any technology that can help your business adapt (and your team succeed).
Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.
Cox Automotive forecasts sales will increase nearly 4% from 2022 and from January 2023.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In