US-automotive-inventory-2023-2024

Analysts and forecasters project a “return to normalcy” in the US automotive market in 2024, with inventory and pricing stabilizing.

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ESA Car Keys | During 2022, Tesla earned profits of $12.6B on revenues of $81.5B, making the automaker more profitable than GM and Ford combined.

With interest rates soaring and inflation not subsiding, “demand destruction” has become more than just another catch phrase. Auto dealers need a plan today.

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ESA Car Keys | Inventory Days for automotive dealers is plateauing at historically low sub-30 levels during 2022, and the outlook is murky.

ESA Car Keys | Ford affirmed its positive outlook with an exclamation point as Q2 earnings obliterated estimates in an auto market marred with struggles.

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ESA Car Keys | Auto sales continue to lag and new vehicle prices soar as the factory focuses on high-end production in the face of capacity issues.

ESA Car Keys | The US auto market was down nearly 25% in March as tight inventory looms. Average transaction prices hit historic highs.

ESA Car Keys | In-depth auto market insights on inventory, pricing, technology, distribution, consumer patterns and winning strategy.

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ESA Car Keys: A brutal December had the US Auto Market finishing 2021 just under 15 million units, according to NADA, up 3.1% annually.

ESA Car Keys | Apple’s iOS gives users an opt-out of tracking and sharing data with Google and Facebook. As a result, conversions are down and CPM’s are up.