AutoSuccess

FEBRUARY 19, 2024

Cox Automotive ‘s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. This approach combines online and at-dealership activities, resulting in a more satisfying and efficient vehicle buying experience.

Car

Tire Review Magazine

AUGUST 7, 2024

2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. According to the U.S.

Automobile

Tire Review Magazine

AUGUST 7, 2024

2017 2018 2019 2020 2021 2022 Production 9,501,090 9,298,132 9,154,485 6,482,598 7,950,523 8,162,609 Installed Capacity 11,606,944 12,093,318 12,354,734 11,741,817 11,970,098 10,125,400 Capacity Utilization 81.9% Currently, South Africa produces more than half a million automobiles annually of all types. According to the U.S.

Automobile

Auto Remarketing

FEBRUARY 7, 2024

That jump was fueled primarily by used-vehicle buyers, whose satisfaction soared 10 percentage points year-over-year, from 58% in 2022 to 68% last year. New-car buyers matched the all-time high 79% set in 2020, while 73% of used-car shoppers reported being highly satisfied, up from 70% in 2022. The study is available for download here.

Used Cars

Auto Remarketing

DECEMBER 8, 2023

The Q4 current market index declined five points to 40, its lowest level since Q2 2020. It marks the sixth consecutive quarter with overall dealer sentiment below the 50 threshold, and the first time since Q2 2020 that franchised dealers’ sentiment has been below 50. The index was down one point to 40 among independent dealers.

Automotive

AutoSuccess

MARCH 19, 2024

At 33, the profitability index fell to its second-lowest score ever, behind only Q2 2020, at the height of the COVID-19 pandemic. Beginning in the second half of 2022, the index has dropped significantly and, in Q1 2024, hit 41 – the lowest point in the survey’s history excluding Q2 2020. “The vehicle market in the U.S.

Automotive

Tire Review Magazine

JULY 2, 2024

8% 2019-20 176.79 -8% 2020-21 169.07 -4% 2021-22 205.13 Source: Society of Indian Automobile Manufacturers. Vehicles such as buses and trucks require robust and durable tires to handle heavy loads and endure long-distance travel. Replacement segment to play a key role in future growth India has a very high vehicle population.

Manufacturing

AutoSuccess

JANUARY 29, 2024

. “A decade from now, when we look back at the years immediately following the global pandemic of 2020, we’ll be awed by the dramatic swings and unprecedented circumstances the economy and auto market endured,” said Cox Automotive Chief Economist Jonathan Smoke. Job and income growth may slow down. million sales.

Auto Market