
Overall April conditions didn’t benefit the consumer, especially those presenting more risk.
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After unusual spring rush, demand started to wane mid-April as supply thinned.
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Cox analysis forecasts continued brisk spring sales eating into existing inventories, along with coming price hikes, especially for lower-priced models.
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Mixed February conditions still produce highest Cox index reading in more than two years.
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Achieve greater market share in nearly year-long streak of strong sales.
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Cox forecast foresees tepid growth and a CPO decline.
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Year-over-year increase exceeds seasonal normal. Meanwhile, Cox expects muted growth this year.
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