Investors wonder if record second-quarter deliveries reported by Tesla will result in a profit when the electric-car maker reports financials July 24. After a big drop in sales to start the year, Tesla reported it delivered a record 92,500 vehicles…
Ford Motor Co. reports second-quarter financials after the stock market closes July 24. Wall Street analysts expect Ford to post higher per-share earnings on lower revenue for the second quarter. In the U.S., Ford’s Q2 vehicle sales were down nearly…
A new study released by Cox Automotive reveals an optimistic forecast with younger generations showing a greater interest in dealership jobs than older generations. The 2019 Cox Automotive Dealership Staffing study reveals that among Gen Z and Young Millennials, more…
The all-new 2020 Chevrolet Corvette was revealed in California last evening, at a gala event celebration attended by media, celebrities and enthusiasts. Several editors and analysts from the Cox Automotive team were on hand to witness the moment and see…
Congratulations, fine reader, you are part of a winning team! Well done. You’re an important part of an economic expansion that’s been trucking along for 121 months now, a new post-World War II milestone. Our record upward run began back…
Contract talks between Detroit automakers Ford, General Motors and Fiat Chrysler and the UAW kick off this week with the official handshake. The current four-year contracts expire at 11:59 p.m. on Sept. 14. All negotiations are challenging, but this round…
This morning at a press conference in New York, Ford and Volkswagen confirmed plans to further expand their global alliance, working together now on both electric vehicle development and the advancement of autonomous, self-driving technology. As part of the agreement,…
Volkswagen’s decision to pull the plug on the Beetle ends a remarkable chapter in automotive history. The Beetle began life as a People’s Car as part of Hitler’s Third Reich, was rescued by British army officers after the war, becoming…
A replay of the Q2 Manheim Used Vehicle Value Index Call hosted by Cox Automotive Chief Economist Jonathan Smoke and Zo Rahim, manager of economics and industry insights for Cox Automotive, is available below. During the call, Jonathan and Zo presented…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.61% month-over-month in June. This brought the Manheim Used Vehicle Value Index to 140.5, a 4.1% increase from a year ago.After seeing steady and slightly lower than…
