As dealer sentiment improves, inventory woes deepen


On Sept. 8, Cox Automotive released the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI). Information collected from dealers surveyed in late July through mid-August was used to determine how they view the conditions in the auto market – strong, neutral, or weak. The Dealer Sentiment Index has reached a record high this quarter, mainly on the back of a steep upward curve in the pandemic recovery. Last quarter, the CADSI score was way below average at just 20 points out of possible 100. At that time, dealers were experiencing drastically reduced sales and an uncertain future. For the first…

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