Optimism on the Rise Among Auto Dealers -- Market Talk

Dow Jones12-12

1355 ET - Cox Automotive says its 4Q 2024 Automotive Dealer Sentiment Index showed renewed optimism among U.S. auto dealers, despite current market conditions which are still considered weak. Jonathan Smoke, chief economist at Cox Automotive, says "The recent resolution of political uncertainty following the presidential election has cleared the path for a more optimistic outlook on future auto market conditions." Cox says the market outlook index, a measure of dealers' expectations for the auto retail market in the coming quarter, jumped to 54 in the 4Q from 42 in 3Q. One year ago, the index stood at just 41, one of the lowest readings in its history, according to Cox. (stephen.nakrosis@wsj.com)

(END) Dow Jones Newswires

December 11, 2024 13:55 ET (18:55 GMT)

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Jonathan Smoke, chief economist at Cox Automotive, says \"The recent resolution of political uncertainty following the presidential election has cleared the path for a more optimistic outlook on future auto market conditions.\" Cox says the market outlook index, a measure of dealers' expectations for the auto retail market in the coming quarter, jumped to 54 in the 4Q from 42 in 3Q. One year ago, the index stood at just 41, one of the lowest readings in its history, according to Cox. (stephen.nakrosis@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 11, 2024 13:55 ET (18:55 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Optimism on the Rise Among Auto Dealers -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOptimism on the Rise Among Auto Dealers -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 02:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1355 ET - Cox Automotive says its 4Q 2024 Automotive Dealer Sentiment Index showed renewed optimism among U.S. auto dealers, despite current market conditions which are still considered weak. Jonathan...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1429558221.USD","symbol_name":"Natixis Loomis Sayles US Growth Equity RA USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2490789186","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490789186","pubTimestamp":1733943300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1355 ET - Cox Automotive says its 4Q 2024 Automotive Dealer Sentiment Index showed renewed optimism among U.S. auto dealers, despite current market conditions which are still considered weak. Jonathan Smoke, chief economist at Cox Automotive, says \"The recent resolution of political uncertainty following the presidential election has cleared the path for a more optimistic outlook on future auto market conditions.\" Cox says the market outlook index, a measure of dealers' expectations for the auto retail market in the coming quarter, jumped to 54 in the 4Q from 42 in 3Q. One year ago, the index stood at just 41, one of the lowest readings in its history, according to Cox. 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Jonathan Smoke, chief economist at Cox Automotive, says \"The recent resolution of political uncertainty following the presidential election has cleared the path for a more optimistic outlook on future auto market conditions.\" Cox says the market outlook index, a measure of dealers' expectations for the auto retail market in the coming quarter, jumped to 54 in the 4Q from 42 in 3Q. One year ago, the index stood at just 41, one of the lowest readings in its history, according to Cox. 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