Analysts set stage for 2023 used-car market
At the end of 2022, used-vehicle prices were starting to slow from unusually high rates, and inventory levels were on the upturn — as the auto market and consumers tried to navigate the results of the Fed's latest interest rate moves.
Cox Automotive kicked off 2023 by exploring many of these trends as well as forecasts for the new year during its 2023 Cox Automotive Industry Insights and Sales call. Chief economist Jonathan Smoke and other Cox leaders contemplated a “new dawn” for the auto industry, along with …
