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Cox reports that in the auto sector sales of motor vehicles and parts fell in December.
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New research from Cox Automotive shows consumer satisfaction with the car buying process declined in 2022 for the second consecutive year.
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Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.
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TransUnion research finds a lack of inventory and low interest rates turned consumers away from leasing new cars and trucks over an 11-month period.
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Interest rates will continue climb, eating into inventory improvements’ effect.
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To showcase how customers can shop from chat to funded deal with no dealership calculation adjustments to match online quotes.
Read More →Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives.
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Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
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With two weeks of the new year now behind us, the trends that we ended 2022 with are continuing into 2023.
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‘White-hat’ experts access customer data, even remote control of some models.
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