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EV Sales Slide While Hybrids Climb
California, as usual, led the country in EV registrations in the fourth quarter, but the U.S. as a whole saw a 43% year-over-year volume decrease.
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SEARCHMENUSEARCHCalifornia, as usual, led the country in EV registrations in the fourth quarter, but the U.S. as a whole saw a 43% year-over-year volume decrease.
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Cox Auto analysts see added costs for automakers, unpredictability drags on demand due to new price inflation.
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Incentives drive streak as dealer profits keep falling from pandemic-era highs.
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Edmunds rewards affordability, along with ‘efficiency’ in annual awards.
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Add this risk wrinkle to your deals checklist recommendations to dealer-clients.
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Forecast predicts consumer spending will hit a record for January.
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Year-over-year increase exceeds seasonal normal. Meanwhile, Cox expects muted growth this year.
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December buying cut supply, though it’s still well above a year ago.
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Electric models, though, made headway last year in the rankings.
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Understanding how it plays into inventory risk management is an important consideration.
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