Cox Automotive Dealer Sentiment Index Q4 2025

The document is a report on the Cox Automotive Dealer Sentiment Index (CADSI) for the fourth quarter of 2025. It presents data collected from a survey of 919 U.S. auto dealers, which includes both franchised and independent dealers. The report indicates a notable decline in dealer confidence, with the current market sentiment index falling to 38, the lowest since Q2 2020. The report details various aspects of dealer sentiment, including expectations for the next three months, customer traffic trends, sales environment, profitability, and inventory levels. It notes that economic uncertainty and declining consumer confidence are significant factors affecting dealer sentiment. The report also highlights challenges such as rising costs and price pressures on inventory. Furthermore, it discusses the outlook for electric vehicle sales, which has seen a drop in optimism. The next report is scheduled for release in March 2026.