Digital Car Sales Pay Off
Cox study show buyers and dealers see the benefits, though it needs work.
Cox study show buyers and dealers see the benefits, though it needs work.
Cox says their sales fell 10% month-over-month, though they’re still outdoing overall used market for the year.
Cox Automotive research shows sales fell 3.5% year-over-year.
Y-O-Y change comes despite strikes, flat incentives, Cox says.
But report says that models are still selling for much more than before Covid, and at older ages.
October loosening makes three-month trend, but access still tighter than a year ago.
Retail sales, meanwhile, were up in October, Cox says.
Cox data shows activity, revenue decreases apparently not tied to strikes.
On track to reach annual 1 million-plus milestone for the first time.
Latent demand, particularly from fleets, overcomes other market constraints.
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