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Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. As we enter November, the auto industry has much to be grateful for – healthy U.S. sales in October, relatively strong quarterly earnings and many UAW workers returning to their jobs, to name a few.
Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. After two quarters of sentiment from both franchised and independent dealers tracking in the same positive direction, independents were less enthusiastic this quarter, according to the Q3 Cox Automotive Dealer Sentiment Index released on Friday.
Headlines: Average Prices for Non-Luxury Vehicles Decreased in July; Average Luxury Prices Down Year Over Year, Largest Decline in a Decade; Electric Vehicle Prices Continue to Decline; Auto Incentives Offered by Manufacturers Reach One-Year High
Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. Cox Automotive Chief Economist Jonathan Smoke and the Economic and Industry Insights team are currently busy with preparations for the upcoming Cox Automotive Mid-Year Review.
Co-publisher's Note: The opinions contained in this Mid-week Auto News Update are the opinion of Cox Automotive. The Auto Channel may or may not agree with some or all of them but believes that a free press give the option to agree or not agree to the audience.