Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.
The best methods to approach this crucial money-maker may not always be obvious.
CDK systems outage at least partly to blame. Cox foresees recovery this month.
But year-over-year volume down on high borrowing rates, rough winter.
November Cox Auto numbers show demand outpaced supply.
Prices were off, though demand proved steady in wholesale, Cox Automotive says.
Cox shows September activity rebalanced the market.
Pandemic pressures have forced used-car buyers to get older and older vehicles.
August figures show month-over-month decline, but SAAR up YOY.
Sales steady despite still-elevated prices.
