Auto Dealers Bullish on Market
Settled election makes them optimistic despite lingering affordability issues.
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Settled election makes them optimistic despite lingering affordability issues.
First-quarter Cox index remains down, but the second-quarter outlook is better.
Top five are familiar, especially with Honda’s return.
Cox Automotive’s latest Dealer Sentiment Index shows a marked disparity in optimism and fear factors between America’s new- and used-car dealers.
Cox Automotive analysts say U.S. dealers reported strong traffic and profits but have remained largely pessimistic in their view of the auto retail market in the second quarter.