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New sales market sees first real setback

Auto Service World

Despite a dip in September sales, Canada’s auto market maintains a robust year-to-date growth, driven by strong performances from key brands. Canada’s automotive market experienced a slight setback in September, with sales of new vehicles dropping 3.6 per cent increase in 2024. per cent rise from 2023.

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The 10 Most Anticipated Electric Vehicles Coming in 2024

autoevolution

Although initially reluctant, the US auto market is finally embracing electric vehicles. Here are the 10 most anticipated EV models scheduled to hit the market in 2024 and what to expect of them. Dozens of new models will launch next year, making it hard to make a decision.

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Auto Market Forecast for 2024: The Old Normal

Automotive Fleet

Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any direction.

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Cox midyear review: Consumers’ waiting game slows growth of auto market

Auto Remarketing

The theme of Cox Automotive’s 2024 midyear review is… wait for it … No, I mean, that’s the theme: Wait for it. Uncertainty is the name of the game right now in the automotive market, according to chief economist Jonathan Smoke and Cox’s team of analysts, as consumers wait for any number of things — including.

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Cox Automotive’s Forecast: 2024 – A Return to Normalcy in the U.S. Auto Market

AutoSuccess

auto market, the word that will likely sum up 2024 is “normalcy,” according to Cox Automotive’s Forecast: 2024. auto industry. ” For 2024, the Cox Automotive Economic and Industry Insights team sees the U.S. auto market being steered by five key themes. For the U.S.

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Report shows Q1 used-car retail prices calm before a potential storm

Auto Remarketing

But, Cars Commerce reported in its Q1 2025 Auto Market Review , that might have been the calm before the storm. in Q1 to an average of $28,497, a decline driven in part by the diminishing supply of higher-priced late-model vehicles as the COVID gap moves through the used market. from the same month in 2024.

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Dealers’ Optimism on Rise, says Cox Q4 2024 Dealer Sentiment Index

AutoSuccess

The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. 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. automobile dealers.