The Cox Automotive Q1 2022 webcast was held Monday, March 28, at 1 p.m. EDT. The presentation is available for download. The Cox Automotive March U.S. auto sales forecast was released at 2 p.m. EDT. Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team hosted the Q1 2022 U.S. Auto … Continued
Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the Q1 2022 Industry Insights and Sales Forecast Webcast. Monday, March 28 1 p.m. EDT. During this 90-minute session, the team will present data and insights to help quantify how the industry performed, review our first-quarter … Continued
For years, consumers have done hours of research online before buying a vehicle. But today they are increasingly comfortable completing a purchase on the web, with 76% of car buyers open to buying completely online.1 In 2021, U.S. eCommerce sales totaled $933 billion and are projected to grow 23.6% by 2025.2 This is helping to … Continued
Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the Q1 2022 Industry Insights and Sales Forecast Webcast. Monday, March 28 1 p.m. EDT. During this 90-minute session, the team will present data and insights to help quantify how the industry performed, review our first-quarter … Continued
Automotive News, March 14, 2022 – Brian Finkelmeyer, new-car strategist at Cox Automotive, writes in a commentary piece in Automotive News about three areas of opportunity that deserve more attention than “How many and how much.” In this article, Finkelmeyer explains that making a lot of money in the current environment doesn’t necessarily mean dealers … Continued
The new used-car online retailers like Carvana, Vroom and Shift reported explosive revenue growth in the last quarter and for the full year of 2021. That comes as no surprise in that these so-called New Form Online Retailers (NFORs) also have experienced a steady and substantial rise in the number of shoppers visiting their websites. … Continued
Kevin Chartier, vice president of Manheim Consulting, sat down with Timothy Walker, director of fleet and remarketing at Kia, during the Kia Fleet and Dealer show to address a potential price correction in 2022 and share his thoughts on remarketing in 2022 and beyond. Watch the video below to learn more. If you have questions … Continued
Shopping for electrified vehicles set another record, and some models were among the most shopped of all luxury and non-luxury vehicles, electrified or not, illustrating electrified vehicles are going mainstream, according to the Q4 2021 Kelley Blue Book Brand Watch™ report. The report is a consumer perception survey that also weaves in consumer shopping behavior … Continued
The Chicago Auto Show opened to the public this past weekend. This is the first time in two years that the largest consumer-focused auto show is open for business. There was a “Summer Show” this past July in Chicago, but that event was smaller and largely outdoors. The show opening now is more familiar, more … Continued
Lexus squeaked by BMW as the most-shopped luxury brand in the fourth quarter of 2021, a spot the German brand had held for the past three years, according to the Kelley Blue Book Brand Watch™ report. But Tesla is right behind both. The Kelley Blue Book Brand Watch report is a consumer perception survey that … Continued
