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High Demand For Hybrids Contributes To Increased Sales In February

Carscoops

million sales recorded in January and February 2024, representing a 10.7 Power, GlobalData, Cox Automotive, and S&P Global Mobility. Likewise, the seasonally adjusted annualized sales rate exceeded the 16 million mark, flying over the forecasted 15.4-15.5 Light-Vehicle Sales – February 2024 Feb.

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Cox Automotive Forecast: New-Vehicle Sales Pace Expected to Rebound After June Disruptions

AutoSuccessOnline

The Cox Automotive forecast released July 25, 2024, indicates that U.S. July new-vehicle sales will show some recovery from the widespread software outage that impacted sales and reporting last month. In July, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to rise to 16.0 million level.

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Cox Automotive Forecast: August U.S. Auto Sales Show Stability Amid Seasonal and Labor Day Boost

AutoSuccessOnline

The recent forecast from Cox Automotive suggests that U.S. new-vehicle sales in August should remain relatively stable when adjusted for significant seasonality. In August, the seasonally adjusted annual rate (SAAR), or sales pace, is expected to reach 15.4 The post Cox Automotive Forecast: August U.S.

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Q4 2023 State of Dealership Sales & Inventory: Insights from Q3 & Looking Ahead

Automotive Mastermind

Understanding evolving buying behaviors and automotive sales trends is the key for proactive dealers to stay ahead. In this blog post, we’ll explore the automotive landscape in Q3 2023, providing insights into the state of dealership sales, inventory management, customer engagement, and loyalty as dealers head into Q4 and beyond.