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1 min read
WATCH NOW: Insights to Take you to the Next Level for a Healthier World and Stronger Bottom Line
04/22/2024
While it is necessary for dealerships to realize short term benefits from their sustainability efforts, environmental sustainability will increasingly play a significant role in the long-term profitability of dealerships. Being intentional and organized around sustainability is necessary to maximize the benefits. Also, local community engagement is a key enabler of long-term success of dealership environmental sustainability efforts. Learn more about brands featured in the video: Do…
Read Article
Speaker Sessions
1 min read
WATCH NOW: Understanding the Differences in Your AI Options for Auto Retail
04/15/2024
“Artificial intelligence is everywhere. And that is a good thing for our industry! Recent advances in technology have the potential to be gamechangers for dealerships. But all AI is not created equal. Watch this video to learn how to make sense of all the buzz, including what to expect from this technology and key questions to ask as you evaluate tools. Learn more about brands featured…
Read Article
Speaker Sessions
1 min read
WATCH NOW: Want to Sell Cars Profitability? Buy and Sell Inventory Better
04/08/2024
In this inventory-constrained market, dealers need to do more blocking and tackling to make gross profit on used cars. How can they do so? By reinvesting in their used car departments - buying and selling inventory better. This panel covers technology and solutions available to buyers and sellers to stand-up strong inventory strategies to maximize used vehicle profitability. Learn more about brands featured in the video: Do you have more…
Read Article
Speaker Sessions
1 min read
WATCH NOW: A New Path to Optimal Used Vehicle Performance
04/08/2024
This session details why long-standing beliefs about used vehicle management—that you should stock more vehicles than you sell, that the calendar (or days in inventory) determines a vehicle’s profit potential and that you should move every vehicle within a 45- or 60-day timeline—make it more difficult for dealers to drive profit and sales growth in the current market. Learn more about brands featured in the video:…
Read Article
Speaker Sessions
1 min read
WATCH NOW: Cox Automotive Speaker Session – Choose Your Own Adventure – Consumer Behaviors and the Stair Steps to Ecommerce
04/01/2024
It’s time for dealers to think about a retail anywhere approach. Turn the page on how you’re thinking about the retail experience, and ensure you have the tools and strategies to stay in step with consumers who are making decisions about how they want to buy at every touchpoint—digital and physical. Learn more about brands featured in the video: Do you have more questions for our…
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Speaker Sessions
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1 min read
WATCH NOW: Insights to Take you to the Next Level for a Healthier World and Stronger Bottom Line
04/22/2024
While it is necessary for dealerships to realize short term benefits from their sustainability efforts, environmental sustainability will increasingly play a significant role in the long-term profitability of dealerships. Being intentional and organized around sustainability is necessary to maximize the benefits. Also, local community engagement is a key enabler of long-term success of dealership environmental sustainability efforts. Learn more about brands featured in the video: Do…
Read Article
Speaker Sessions
1 min read
Manheim Market Insights Series: Episode 20
04/19/2024
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle Value Index (MUVVI), price changes by segment, wholesale inventory and used…
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Manheim Market Insights
Market Insights
Commentary & Voices
4 min read
Big Changes Ahead for Used-Vehicle Transport
04/15/2024
After years of steady state in vehicle logistics, the sector is now evolving at light speed. And while this increased pace means new challenges for shippers, carriers and brokers, the good news is that technology-driven solutions are advancing just as rapidly. I recently had the chance to speak about these trends during the Q1 Manheim Used Vehicle Value Index call, focusing on two of the biggest…
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Logistics
Market Insights
Commentary & Voices
1 min read
WATCH NOW: Understanding the Differences in Your AI Options for Auto Retail
04/15/2024
“Artificial intelligence is everywhere. And that is a good thing for our industry! Recent advances in technology have the potential to be gamechangers for dealerships. But all AI is not created equal. Watch this video to learn how to make sense of all the buzz, including what to expect from this technology and key questions to ask as you evaluate tools. Learn more about brands featured…
Read Article
Speaker Sessions
1 min read
WATCH NOW: Data and Technology Powering the Future of Automotive
04/15/2024
In this session, Marianne Johnson, Executive Vice President and Chief Product Officer, shares her perspective on the use of data and artificial intelligence in the automotive industry, and how dealers can leverage these to drive profitable growth now and in the future. Learn more about brands featured in the video: Do you have more questions for our experts? Let us know here:
Read Article
Speaker Sessions
1 min read
Automotive Insights: Trends, Fraud and Future
04/12/2024
Scott McMahon, alliance manager for Automotive Partnerships at Equifax, leads a panel discussion on current trends, the rising challenge of fraud in the automotive space, and the industry's outlook, with a special focus on consumer affordability and the evolving electric vehicle (EV) market. His esteemed panel includes Steve Greenfield, general partner at Automotive Ventures; Marguerite Watanabe, president of Connections Insights; and Jeremy Robb, senior director of…
Read Article
Market Insights
Commentary & Voices
4 min read
EV Sales Growth Slows; Market Leader Tesla Stalls
04/11/2024
Electric vehicle (EV) sales growth in the U.S. continues to slow, according to sales data analyzed by Kelley Blue Book. In the first quarter of 2024, Americans bought 268,909 new electric vehicles, according to Kelley Blue Book counts. EV share of total new-vehicle sales in Q1 was 7.3%, a decrease from Q4 2023. While annual EV sales continue to grow in the U.S. market, the growth…
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new-vehicle sales
U.S. auto sales
Electric Vehicles
EVs
EV
Electrified Vehicles
Market Insights
Data Point
1 min read
WATCH NOW: Want to Sell Cars Profitability? Buy and Sell Inventory Better
04/08/2024
In this inventory-constrained market, dealers need to do more blocking and tackling to make gross profit on used cars. How can they do so? By reinvesting in their used car departments - buying and selling inventory better. This panel covers technology and solutions available to buyers and sellers to stand-up strong inventory strategies to maximize used vehicle profitability. Learn more about brands featured in the video: Do you have more…
Read Article
Speaker Sessions
1 min read
WATCH NOW: A New Path to Optimal Used Vehicle Performance
04/08/2024
This session details why long-standing beliefs about used vehicle management—that you should stock more vehicles than you sell, that the calendar (or days in inventory) determines a vehicle’s profit potential and that you should move every vehicle within a 45- or 60-day timeline—make it more difficult for dealers to drive profit and sales growth in the current market. Learn more about brands featured in the video:…
Read Article
Speaker Sessions
1 min read
Q1 2024 Manheim Used Vehicle Value Index Call Replay Available
04/08/2024
A replay of the Q1 2024 Manheim Used Vehicle Value Index Call held on Friday, April 5, is available below. Cox Automotive Chief Economist Jonathan Smoke, Jeremy Robb, senior director of Economic and Industry Insights, and Scott Vanner, Economic and Industry Insights senior analyst, discussed the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the quarter. The special guest…
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Manheim Used Vehicle Value Index
MUVVI
Market Insights
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