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. With only 27 days left in 2023, we are going full throttle to finish the year strong with Forecast: 2024 launching next week.
Credit availability is still slowly recovering from record-tough conditions earlier this year. It remains historically difficult to qualify for a car loan.
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.
While stabilizing car prices and increasing inventories might have you interested in buying a new car, you may be in for financing challenges because lenders have tightened their standards. According.
When the time comes to purchase your next vehicle, you want to focus on finding your dream car, not fighting for affordable financing. But since the pandemic’s early days, the