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Summer Sales Forecast for Auto Retail – Charlie Chesbrough, Cox Automotive

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Cautious optimism is the sentiment many dealers are feeling as the auto retail industry settles into Q3. After strong showings for sales, considering the challenges, in May and June, some experts say that the boom from pent up demand will slowly fade. Others, however, are predicting an aggressive recovery through the end of the year due to an increase in digital retailing efforts and consumer fears around public transportation.

On today’s show, we’re pleased to welcome back Charlie Chesbrough, Senior Economist and Senior Director of Industry Insights at Cox Automotive. In this segment, Charlie breaks down the economic forecast and impact into the third quarter for retail automotive, consumer sentiment and buying behaviors, and the current view of new and used retail sales and price market.

Summer Sales Forecast for Auto Retail – Charlie Chesbrough, Cox Automotive

CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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