Auto Market Experiences Ups and Downs
Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives.
Cox’s Auto Market Weekly Summary for January 13 shared both positives and negatives.
Auto industry analysts remain on high alert for “demand destruction” as high interest rates, escalating vehicle costs, and a down economy threaten auto sales.
In a down economy, industry experts recommend dealerships offer a range of finance and vehicle options to address budgetary concerns.
The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.
A recession won’t affect U.S. auto dealers and manufacturers until the 12- to 18-month range, says Jonathan Smoke, chief economist-Cox Automotive.
General Motors and Ford Motor Co. CEOs say they are watching for signs of a U.S. recession, despite demand for autos being strong.
Challenging yourself to rethink every phase of your operation can yield actionable results — and more efficient accounting.
Strong consumer demand and attractive financing drove up both volume and values for used cars during the second quarter, Manheim reports.
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