Dealer Sentiment Improves from Lows Featured

By Staff Writer March 14, 2019 297

U.S. auto dealer sentiment rebounded in the first quarter from the low level recorded in the fourth quarter, according to data from the Q1 2019 Cox Automotive Dealer Sentiment Index (CADSI).

However, the overall current market index remained in negative territory. The current market index rose to 48, up from 44 in the fourth quarter.

Expectations for the next quarter also rebounded, more than reversing the startling decline seen in the fourth quarter. That decline moved this leading indicator into negative territory for the first time when it reached 49, an all-time low.

The expectations index remains significantly lower than last year’s series high.

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Last modified on Thursday, 14 March 2019 13:23