Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the Q3 Industry Insights and Forecast Call. Wednesday, September 28 11 a.m. EDT. During this 90-minute webinar, you will hear how the auto industry performed in the quarter and how the Cox Automotive team sees the … Continued
Over the years, the auto industry has always had a healthy tension between the sales vice presidents and the chief financial officers. Sales executives were bonused on share gains, while the finance teams were bonused on profit. This led to a never-ending battle over how much incentive money was necessary to meet sales objectives. Each … Continued
Welcome to the monthly Manheim Market Insights update. This monthly video is new content offered by Kevin Chartier, vice president of Manheim Market Insights. In each video, Chartier will share a few of his thoughts on what we are seeing in the used wholesale and retail markets; all through the wide lens of data available … Continued
As consumer comfort with online car buying accelerates and retailers drive for more efficient operations, digital retailing solutions are being embraced. Innovation within financing and titling, critical enablers of the digital car buying experience, began more than 20 years ago. Predictive models evolved that help lenders set parameters that facilitate improved loan decisioning. The creation … Continued
The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format. In Episode 5, Cox Automotive Executive Analyst Michelle Krebs is joined by Senior Manager of Economic and Industry Insights Chris … Continued
Shopping for electrified vehicles rose in the second quarter due to high gas prices and more selection of EVs and hybrids on the market, according to the most recent Kelley Blue Book Brand Watch™ report. One in four shoppers considered an electrified vehicle, the report showed. The Kelley Blue Book Brand Watch Report is a … Continued
The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format. In Episode 4, Cox Automotive Executive Analyst Michelle Krebs is joined by Research Manager Rebecca Rydzewski, Senior Manager of Economic … Continued
BMW remained the most-shopped luxury brand for the second consecutive quarter on increased interest in its sedans, likely due to high gas prices, according to the Q2 2022 Kelley Blue Book Brand Watch report. Overall, shopping for luxury cars increased due to high fuel costs and better availability of cars during the global computer chip … Continued
High gas prices led shoppers of non-luxury vehicles to consider traditional cars at a level not seen since before the pandemic, according to the most recent Kelley Blue Book Brand Watch Report™ on non-luxury shopping. Shopping for electrified vehicles also rose. Toyota remained the most-shopped brand, widening the gap with No. 2 Ford. The Kelley … Continued
Is your F&I office capable of supporting automated eCommerce? Consumers Want It, Technology Enables It Consumers have grown accustomed to the transparency, speed, and convenience of buying online. Research shows that 76% of today’s car buyers are open to purchasing completely online1, and 1 in 4 consumers say they prefer an Amazon-like car shopping experience … Continued