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Q3 2022 Industry Insights and Sales Forecast Call Replay Available

A replay of the Cox Automotive Q3 2022 Industry Insights and Sales Forecast Call held on Wednesday, September 28, is available below. Cox Automotive Chief Economist Jonathan Smoke and our Industry Insights team provided a deep dive into the economy and auto industry – the new, used and wholesale vehicle markets for the third quarter. The Cox Automotive September … Continued

Cox Automotive Q3 2022 Industry Insights and Forecast Presentation Available

The Cox Automotive Q3 Industry Insights and Sales Forecast Call will be held today at 11 a.m. EDT. The presentation is now available for download. The September and Q3 sales forecast press release will be published in the Newsroom after the conclusion of the call. During the webcast, Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough … Continued

Who’s Ready for a Return to the Good Ol’ Days? Not the CFOs.

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

Cox Automotive Launches Manheim Market Insights Series

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

Automation and the Future of Automotive Retail

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

Cox Automotive Monthly Industry Update Video Series – Episode 5

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

Q2 2022 Kelley Blue Book Brand Watch: Tesla and Toyota Dominate the Most-Shopped List of Electrified Vehicles

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

Cox Automotive Monthly Industry Update Video Series – Episode 4

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

Q2 2022 Kelley Blue Book Brand Watch Luxury Report: BMW on Top, Luxury Cars Gain Share, Rivian Arrives, and, SURPRISE!, Volvo not #1 in Safety

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

Q2 2022 Kelley Blue Book Brand Watch Non-Luxury Report: Car and Electrified Vehicle Shopping Rise on High Gas Prices; Toyota Stays No. 1

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