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ARTICLE · 08 JULY 2022

Car Dealers Positive, But Less Optimistic About Next Three Months

Franchised dealers polled by Cox Automotive this spring were a little less optimistic about the future than they were mid-winter, as overall dealer sentiment softened in part because of inflation, ...

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Automotive Weekly

CAR DEALERS POSITIVE, BUT LESS OPTIMISTIC ABOUT NEXT 3 MONTHS

Franchised dealers polled by Cox Automotive this spring were a little less optimistic about the future than they were mid-winter, as overall dealer sentiment softened in part because of inflation, higher costs and still-tight inventory. Franchised dealers' expectations for their vehicle markets for the next three months fell from a score of 69 in the first quarter to a still-positive 64 in the second quarter, according to the latest Cox Automotive Dealer Sentiment Index results.

Source: Automotive News

EV REGISTRATIONS

Ford topped new-vehicle registrations for electric vehicles among mainstream brands in the first four months of the year, followed closely by Kia and Hyundai. Ford's 11,751 EV registrations came mostly from the Mustang Mach-E crossover at 10,740, along with 908 E-Transit vans and 103 of the new F-150 Lightning pickup, the four-month data showed. Ford EV

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