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automotive industry is bracing for lasting impact, especially if a standoff with China escalates into a full-blown trade war. Keeping Drivers in the Driver’s Seat Uncertainty around how far tariffs will go is adding turbulence to the automarket, but certain segments are hanging in there. In April 2025, the U.S.
A surge in wholesale used vehicle prices in the past two weeks signals the beginning of what could be a wild and unpredictable year of ups and downs in the market. The “roller coaster ride predicted by Cox Automotive chief economist Jonathan Smoke is underway. million units to as high as the original projection of 16.3
All Rights Reserved Teslas Robotaxis Are Going Poorly Latest News Reviews Brands Car Types Buying Culture Tech Beyond Cars Racing QOTD Features Newsletter Advertise Culture The Morning Shift Teslas Robotaxis Are Going Poorly By Amber DaSilva June 26, 2025 10:32 am EST Tesla Happy Thursday! Volkswagen Group, Hyundai Motor Co.
Its Wednesday, July 2, 2025, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Thats not exactly a huge number, but its pretty significant when you consider the fact that it snapped an eight-month losing streak in one of the worlds most important automarkets.
It proceeds to beat GM at selling its own hardware — no punchline here, just the bizarre reality of the 2025 automarket. It comes down to one of the most baffling, customer-hostile decisions in recent automotive history: GMs pivot away from Apple CarPlay and Android Auto. What does Honda do?
The Automotive Policy Council, an association representing the Big Three U.S. automakers, issued a statement from its president Matt Blunt urging the President to exempt automotive items that are in accordance with the 2020 United States-Mexico-Canada Agreement from the new tariffs.
Its June 25, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Well also look at how Mexicos auto industry stands to keep its position in the face of tariffs, and at BYD slowing its roll. From Reuters : Teslas new car sales in Europe fell 27.9%
Even with the looming threat of an autoworkers strike, rising interest rates and a shaky economy that might or might not be on the verge of a recession, car dealers should come out OK the rest of this year. Experts are split on whether there will be a significant economic downturn, but, Chesbrough said.
It was good news, bad news for the retail used-carmarket in January. Used-car demand fell over 7% from January 2023, but was up almost 14% from December. These are just some of the trends and data shared in the inaugural monthly Industry Insights Report from Cars Commerce released Thursday. Used-car demand fell 7.6%
Buying a car these days is no longer just about walking into a dealership and shaking hands with a salesperson. When it comes to big-ticket auto salessuch as luxury vehicles or premium electric carsthese digital touchpoints play a critical role in shaping buyer behavior, influencing decisions long before a customer sets foot in a showroom.
automarket, 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.
The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians. Fortunately, the same digital revolution disrupting the automotive industry has spawned solutions for coping with the challenges of repairing today’s automobiles.
The challenge of keeping up with the latest auto repair trends is all too apparent for repair shop owners and managers who are struggling to find and keep well-trained technicians. Fortunately, the same digital revolution disrupting the automotive industry has spawned solutions for coping with the challenges of repairing today’s automobiles.
Cox Automotive will occupy the largest exhibition space at NADA Show 2024, Feb. The Cox Automotive Village on site spans almost 29,000 square feet, equivalent to half a football field and includes 10 booths, the Cox Automotive stage, and more than 200 demonstration stations. 1-4 at the Las Vegas Convention Center.
Introduction In the fast-paced world of automotive retail, independent dealerships often face stiff competition from larger counterparts. While it may seem like a David vs. Goliath scenario, there are strategic approaches that indie dealerships can employ not only to survive but thrive in the market.
There aren’t any new models available under $20,000 in the for American car buyers anymore, but emerging automarkets like India have plenty of cheap cars to go around. One of these budget cars just proved that you don’t have to spend a lot of money to be safe. Read more.
Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. Still, a common theme of “normalcy” certainly has emerged in the used-carmarket. It may depend on which industry index you’re observing.
Auto dealers are particularly impacted, facing challenges in vehicle availability and profitability. Let’s explore the factors driving inflation in the automotivemarket and discuss strategies for dealers to support their customers through these difficult economic conditions. for used car loans. cents per mile in 2022.
The Consumer Electronics Show (CES) 2024 proved once again that the biggest technology show of the year is also becoming an important automotive show as well. With this new technology, car manufacturers and dealers must also ask the question, “What happens if these technologies stop working or need to be repaired?” Why the increase?
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.
New technology holds radical possibilities for the automotive industry at every level of the sales funnel. Artificial intelligence (AI) is already being used for enhancing promotional images, creating videos, and providing other helpful additions to marketing.
The Cox Automotive Dealer Sentiment Index (CADSI) shows that current market sentiment improved slightly in the first quarter compared to the fourth quarter of 2023, increasing from 40 to 42, but remains well below the 50 threshold, indicating most dealers see the current market as weak. “The vehicle market in the U.S.
In the face of uncertainty in the automotivemarket, 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. auto dealer respondents, comprised of 550 franchised dealers and 476 independents.
The latest Cox Automotive Dealer Sentiment Index (CADSI) remained stable from Q1 to Q2 2024 despite dealer uncertainty in the market and economy. The Q2 current market index score of 42 indicates most U.S. auto dealers see the market as weak. One year ago, the index was 45, also below the 50 threshold.
Its Friday, June 20, 2025, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. In this mornings edition, were looking at what Trumps tariffs could cost the average car buyer and what theyve already cost the German automotive industry. Lets get to it.
How are used-car sales going? Cox Automotives Dealer Sentiment Index for the second quarter of 2025 offered a stark illustration of the different worlds inhabited by franchised and independent dealers in their outlook of the current used-vehicle sales environment. Depends on what kind of dealer you ask. For independents not so much.
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