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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. Powered by the best data and keenest insights, Cox Automotive developed five themes that offer a collective vision and valuable perspective on the road ahead for the U.S. auto industry.

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Tesla's Robotaxis Are Going Poorly

Jalopnik

Torkgaur/Shutterstock The average driver puts less than 40 miles a day on their car , but for some reason youre all convinced that you do nonstop coast-to-coast road trips every day and thus could never own an electric vehicle. In response, Chinese automakers are now targeting an often overlooked automotive market: Africa.

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Cox survey finds dealer sentiment stable – at a pessimistic level

Auto Remarketing

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. Of course, that’s not necessarily a good thing.