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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

AutoSuccess

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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Latest Data Shows Continued Increase in EV Collision Claims

Tomorrow's Technician

“2023 was a record year for electric vehicles,” said Ryan Mandell, Mitchell’s director of claims performance. This represents a year-over-year decrease of 5% for EVs and an increase of 3% for ICE vehicles. Material Construction: EVs tend to be heavier than ICE automobiles due to the battery weight. and Canada.

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

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Retail vehicle sales have been fairly consistent so far this year, inventory has returned to reasonable levels, and we believe interest rates have likely hit a ceiling. Still, a score above 50 suggests that more dealers view the new-vehicle sales market as strong rather than weak. Visit coxautoinc.com. The post U.S.

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Transmission Valve Body Service

Brake & Front End

and v500 API reprogramming standards for inclusive coverage on most automobiles. The J2534 interface connects to the vehicle through the OBD connector and to your laptop. Again, do your own research and remember that whatever you choose, it must be able to supply steady vehicle voltage at 100 amps.

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Transmission Valve Body Service

Tomorrow's Technician

and v500 API reprogramming standards for inclusive coverage on most automobiles. The J2534 interface connects to the vehicle through the OBD connector and to your laptop. Again, do your own research and remember that whatever you choose, it must be able to supply steady vehicle voltage at 100 amps.

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

Auto Remarketing

That jump was fueled primarily by used-vehicle buyers, whose satisfaction soared 10 percentage points year-over-year, from 58% in 2022 to 68% last year. Overall, customers were most satisfied with dealerships’ test drive experience (82%), vehicle pickup and delivery process (79%), and interaction with the sales team (77%).

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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.