Cox Automotive’s latest forecast reveals U.S. auto sales are expected to grow by 2.2% in 2024, reaching 15.8 million units—a clear sign of sustained market momentum. With used-vehicle sales projected to rise another 1% in 2025 (to 37.8 million units), the automotive sector continues to showcase resilience and opportunity.
What’s driving this growth? Increased vehicle availability and strategic discounting have reignited consumer demand, with December 2024 sales alone forecasted at 1.45 million units and a SAAR of 16.5 million units. These positive indicators point to ongoing strength in both new and used vehicle markets.
What Does This Mean for Business Owners? For entrepreneurs in the auto reconditioning software industry, this momentum highlights the need for scalable, tech-driven solutions to manage growing inventories and streamline processes. Rising sales volumes underscore opportunities for faster turnarounds, improved quality control, and enhanced readiness strategies—all areas where cutting-edge software solutions can drive competitive advantages.
Now is the time to act. If you’re considering selling your company, market trends indicate a favorable environment for strategic buyers seeking growth-oriented acquisitions. Partnering with an experienced investment bank like Colonnade Advisors can help you maximize value and capitalize on market timing.
💬 We want to hear from you! What trends are you seeing in the automotive industry? Are you prepared for growth opportunities in 2025? Share your thoughts below or reach out directly for a confidential discussion about your business’s future.