Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchised and independent auto dealers from around the country, the Cox Automotive Dealer Sentiment Index (CADSI) measures dealer perceptions of current retail auto sales and sales…
General Motors and Honda announced they have signed a non-binding memorandum of understanding to establish a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under each company’s distinct brands, as…
The Jeep brand is showing off new product today, a family of flagship new Wagoneer models and a hybrid-electric version of its stalwart Wrangler. On top of that, Jeep is expected to launch an all-new version of the popular Grand…
Hyundai, Toyota, Mazda and others posted August U.S. auto sales in line with expectations today, and Subaru posted its best sales month of 2020, despite limited inventory. August sales results won’t be fully known for a few days, but early…
The coronavirus pandemic caused luxury vehicle shoppers to retreat more than non-luxury vehicle buyers. Shopping consideration for luxury vehicles in the second quarter slumped to its lowest level in more than two years, according to the Kelley Blue Book Brand…
Shoppers considered pickup trucks at record levels during the second quarter, aided by compelling incentives launched by automakers in response to the COVID-19 pandemic, including zero-percent financing for 84 months, according to the Kelley Blue Book Brand Watch™ Report for…
Cadillac will reveals its new Lyriq midsize crossover in a virtual launch event this evening. Part of a multi-billion-dollar electrification plan, the all-new Lyriq is the first in an upcoming portfolio of battery-electric vehicles from the Detroit-based luxury vehicle maker.…
UPDATED, Aug. 5, 2020 – Cox Automotive Senior Economist Charlie Chesbrough on July U.S. auto sales: “Our read of the numbers suggests sales in July ran at an annual pace of 14.5 million, notably stronger than our initial forecast and…
Cox Automotive Executive Analyst Michelle Krebs on Jim Farley succeeding Jim Hackett as Ford Motor Co. CEO, effective Oct. 1, 2020: “How appropriate that Jim Farley was elevated to CEO of Ford Motor Co. 10 years, almost to the day,…
Welcome to Dealer Forward: Reimagining Automotive Retail, a panel discussion that focuses on building resilience in three key auto retail areas – marketing, dealership performance and fixed operations. This week’s episode features Lori Wittman, senior vice president of dealer software…
