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Cars Commerce report: All quiet on the used-car front

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The latest numbers from Cars Commerce show a new-car market in flux, with prices falling as excess inventory builds up. In the used-car world, on the other hand, all is calm and steady. The age of those used cars is steadily increasing, which means consumers are now getting an older car for the money than they had before.

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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability

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The full report can be downloaded here. DCG said hybrid and electric vehicles are undeniably a growth driver and with dealers becoming more receptive to selling these models, we can expect the combined segment to continue to steadily gain market share for the foreseeable future. and global uncertainty around politics and regulation.

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Spring Optimism Boosts U.S. Automobile Dealer Sentiment

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The mix of used-vehicle inventory at the time of the survey was good, according to both franchised and independent dealers. Mixed Views on Electric Vehicle Sales and Market Expectations Dealers’ views on electric vehicle (EV) sales improved in Q1 compared to the previous quarter and last year. Dealer Sentiment on U.S.

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AWIN Group of Dealerships Launches Auto Group App

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It is designed for users to find and purchase new and used cars of all brands available at the AWIN dealerships, manage, save and sync their purchases, access and download the manufacturers’ apps, connect with roadside assistance, Electric Vehicle travel assistant and much more. Click here to download. “

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Cox survey finds dealer sentiment stable – at a pessimistic level

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Likewise, independents’ 38 score for the used-car sales environment (up from 36 in Q1) was far worse than the franchises’ hopeful index of 54. Sentiment about electric vehicle sales fell to a new low in Q2, dropping to 41 when dealers were asked how EV sales compare to a year ago – the fourth consecutive quarterly decline.

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

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Electric Vehicle Sentiment Declines as Policy Uncertainty Looms Dealer optimism toward electric vehicle (EV) sales in Q4 was mostly unchanged from Q3 at 43 overall. ” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic.

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

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Electric Vehicle Sales Index Drops to Record Low When asked how EV sales compare to one year ago, a majority of dealers say they are worse, not better. ” The survey also asks dealers to rate new-car sales and used-car sales separately, along with various key drivers, including consumer traffic. automobile dealers.