Dealers’ Outlook Subdued
Cox sentiment index shows they continue to descend from pandemic highs as they feel uncertain about the fall election.
Cox sentiment index shows they continue to descend from pandemic highs as they feel uncertain about the fall election.
Cox index shows independents, though, have a bleak outlook.
Despite a stronger Q2 market, negative sentiment lingers over weak economic conditions and high interest rates, Cox Automotive says.
U.S. auto dealers cite a poor economy, higher interest rates and low inventory as the reason why, finds the Cox Automotive Dealer Sentiment Index.
U.S. auto dealers remain optimistic about U.S. economy, concerned over political climate and election season.
Concerns over the economy and political climate failed to discourage franchised and independent retailers surveyed for Cox Automotive’s latest Dealer Sentiment Index.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In