Cox Automotive Dealer Sentiment Index Q1 2025

The document is a report detailing the Cox Automotive Dealer Sentiment Index (CADSI) for the first quarter of 2025. It presents data collected from a survey of 969 U.S. auto dealers, including both franchised and independent dealers. The survey indicates a slight improvement in dealer sentiment, with the current market index rising from 42 in Q4 2024 to 44 in Q1 2025, although it remains below the neutral threshold of 50. Franchised dealers reported a more positive outlook with a score of 54, while independent dealers expressed a weaker sentiment at 42. The market outlook index reached 58, suggesting increased optimism for the upcoming spring selling season. However, the profit index declined to 34, indicating concerns about profitability. The report also highlights that interest rates are the primary concern for dealers, followed by economic conditions and market conditions. The document concludes with various indices related to vehicle sales and dealer operations.