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The Cox Automotive forecast released July 25, 2024, indicates that U.S. In July, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to rise to 16.0 In July, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to rise to 16.0 million level. million level. million, down 1.3% million units.
The recent forecast from Cox Automotive suggests that U.S. In August, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to reach 15.4 In August, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to reach 15.4 ” All percentages are based on raw volume, not daily sellingrate.
Understanding evolving buying behaviors and automotive sales trends is the key for proactive dealers to stay ahead. With Q4 2023 wrapping up, it’s a pivotal moment for dealerships to reflect on the projected trends, their performance metrics, and how the market dynamics have evolved over the years. million units. million units.
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