2022 Auto Market Car 
Auto Remarketing
APRIL 17, 2025
But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. The report, based on data from the companys Cars.com, Dealer Inspire and AccuTrade platforms, showed used-car list prices fell 0.9% But if tariffs send new-car prices higher, expect trade-in values to follow.
AutoSuccess
JANUARY 29, 2024
auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. auto market being steered by five key themes. Limited production between 2020 and 2022 has led to a scarcity of prime, available CPO products despite strong demand.
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AutoSuccess
SEPTEMBER 6, 2024
cars or roughly two vehicles, according to Money Geek. This means the average household spends over $2,000 per month to own and maintain their cars. Consumers are holding onto their cars longer, reducing the availability of used vehicles for sale. for used car loans. for used car loans, according to Car and Driver.
AutoSuccess
DECEMBER 13, 2024
The latest survey, conducted immediately following the national election in early November, indicates that, while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. This significant increase suggests that more dealers believe the auto market will be stronger in the next three months.
Auto Remarketing
JUNE 12, 2024
In the face of uncertainty in the automotive market, the American economy in general and the nation’s political future, the outlook of car dealers remains remarkably steady, according to the latest Cox Automotive Dealer Sentiment Index. While franchises rated the overall market at 49 – just below threshold – independents gave it a 40.
AutoSuccess
MARCH 19, 2024
For franchised dealers, the profitability index has declined significantly from the first half of 2022, when the index was near a record high and above 80. 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.
AutoSuccess
JANUARY 31, 2024
auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. Satisfaction with Car Buying Improves After Two Years of Decline As U.S. In 2023, 69% of consumers were highly satisfied with the car buying process compared to 61% in the 2022 study.
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