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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

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automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. Franchised automobile dealers had a positive outlook with a score of 54, seeing the market as strong. automobile dealers were feeling pretty good about the market,” added Smoke.

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U.S. Automobile Dealer Sentiment: Dealers Remain Pessimistic, Cautious

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” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic. Download the full results of the Q2 2024 Cox Automotive Dealer Sentiment Index. The total metrics reported have a +/- 3.06% margin of error. Visit coxautoinc.com. The post U.S.

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Used-car buyers drive rapid rise in customer satisfaction, Cox study shows

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While car prices were high in 2023, car buyers — especially used-car buyers — were increasingly happier with their experience, according to the latest research from Cox Automotive. New-car buyers matched the all-time high 79% set in 2020, while 73% of used-car shoppers reported being highly satisfied, up from 70% in 2022.

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Elevating the FTC Safeguards: Embracing a Defense in Depth Approach

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An effective strategy for securing sensitive data is to create layers of protection, much like an automobile relies on multiple safety features to protect its passengers. For instance, cars use components such as anti-lock brake systems, airbags, seatbelts, shatter-resistant glass and pre-collision technologies.

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

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automobile dealers. Franchised dealers, who sell both new and used automobiles, are more optimistic than used-only independent dealers, with an index score of 50. automobile dealers still see the economy as weak, a sentiment that has been consistent for the past two years due to elevated inflation and high auto loan rates.

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U.S. Auto Dealer Sentiment Improves in Q1, Market View Remains Weak

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The market outlook index, which queries dealers about expectations for the vehicle market three months from now, typically enjoys a ‘spring bounce’ as automobile dealers look to the spring selling season. automobile dealers. Download the full results of the Q1 2024 Cox Automotive Dealer Sentiment Index.

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Upstart Unveils Enhanced Showroom, Financing Solutions

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With consumer confidence and vehicle sales on the rise and the majority of car buyers still preferring to complete their purchase at a dealership , the ability to deliver a high-quality in-store experience including financing is imperative for dealers. Now, were selling as many as five more cars per salesperson per month. The result?

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