Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market
AutoSuccess
JANUARY 29, 2024
The increase in inventory is expected to lead to higher incentives and discounts; however, we won’t see incentives at the record highs reached in 2019 when discounting exceeded 10% of transaction prices and the new-vehicle market was pushed above 17 million units for a fifth consecutive year according to Kelley Blue Book counts.
Let's personalize your content