Dealer Sentiment Index Q4 2024 Report

The document is a report detailing the findings of the Cox Automotive Dealer Sentiment Index (CADSI) for the fourth quarter of 2024. It presents data collected from a survey of 933 U.S. auto dealers, including both franchised and independent dealers, conducted from November 6th to November 18th, 2024. The report indicates a notable shift in dealer sentiment, with an increase in optimism despite current market conditions being perceived as weak. The market outlook index rose to 54, reflecting improved expectations for the upcoming quarter. Factors influencing dealer sentiment include political uncertainty, economic conditions, and potential supportive measures such as tax rebates. The report also discusses various indices, including the current market index, profit index, and cost index, providing insights into the dealers' perceptions of profitability and operational costs. Additionally, it highlights concerns regarding the economy, interest rates, and market conditions as significant barriers to business.