Cox Automotive’s Q4 Automotive Dealer Sentiment Index finds dwindling optimism among retailers as escalating costs, prices and uncertainty affect profits and consumer confidence. +

The Consumer Confidence Index fell 5.4 points in June, led by a plummeting Expectations Index, which remains below the threshold said to “typically signal” an oncoming recession. +

The Conference Board’s U.S. Consumer Confidence Index has fallen 7.2 points year-over-year to 92.9, weighed down by a 12-year low of 65.2 for the board’s Expectations Index. +

The U.S. new light-vehicle market saw a 12% gain in October, fueled by strong retail growth that helped offset a weaker commercial sales market. +