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Despite the week's softening conditions, the market analyst said demand for used vehicles showed in competitive bidding for newer units in better condition.
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Frost & Sullivan expects a $238 billion market opportunity for the technology in automobiles by 2030 as AI applications shift to more mass-market applications.
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A consumer index finds continued declines in both outlook and current conditions sentiment across nearly all demographics as big-ticket spending plans fall.
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Non-EV drivers show a decreased interest in future EV buying, according to CDK.
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Some segments fared better than others last week, one in particular experiencing sharp value declines.
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Following October’s steep drop, consumers showed renewed interest.
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Stubborn affordability pressures kept its sales brisk in November.
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Personalized messaging is increasing appointment conversions by 26%, Cox Automotive says.
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ATPs, asking prices stay elevated as affordable model sales languish and pricey ones flourish
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