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Cox economist: Auto markets should stand strong despite economic headwinds

Auto Remarketing

That’s the reassuring message sent by Cox Automotive senior economist Charlie Chesbrough in “Charlie's Real-Time Quarterly Market Update,” a webinar presented last week by the American International Automobile Dealers Association. Experts are split on whether there will be a significant economic downturn, but, Chesbrough said.

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2025 Lucid Gravity Is Queen Of The Electric SUVs With A 440-Mile Range

Jalopnik

Californian startup Lucid took a bold approach for its introduction to the world, launching in 2021 with the phenomenal Air , a large electric luxury sedan that entered a small, competitive segment of the auto market. Despite garnering tons of acclaim—including from me—the Air has been a slow seller and the brand has… Read more.

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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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EV Sales Hit New Record Despite Down Auto Market

Automotive Fleet

While this is the EV decade, the market is a long way from becoming one centered on electric vehicles.

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Color study shows the graying of America’s cars

Auto Remarketing

auto market, representing 78.9% At the top of the list, white, at 26.2%, has overtaken black (21.8%) for the No. Five years earlier, black had led by 0.3%. Those four colors continue to dominate the U.S. of vehicles – up from 77.2%

Car 52
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High Interest Rates, Slow Economy Repress U.S. Auto Dealer Sentiment

AutoSuccess

auto market, according to the Cox Automotive Dealer Sentiment Index (CADSI). The Q3 current market index was 45, still below the threshold of 50, indicating that more dealers see the current auto market as weak than see the market as strong. Overall dealer sentiment in the U.S.

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COMMENTARY: AI and auto — perfecting pricing strategies

Auto Remarketing

Generative AI analysis to ensure maximum ROI Generative AI allows auto marketing professionals to adjust the individual price points for each vehicle. By accomplishing this, they can ensure that every price quoted is based upon real-time market fluctuations, diverse financing options, and up-to-date customer trends.