CPO (Certified Pre-Owned) sales will continue to grow as increasing consumer demand is met with new supply from off-lease volumes. Shoppers see the value of CPO because it gives those who can’t afford a new vehicle the opportunity to have…
Car buyers spend most of their shopping time online and are using a variety of devices to shop, including desktop and laptop computers, smartphones and tablets. The prevalence of a multi-screen car-shopping experience gives automotive marketers substantial opportunities to target…
When it comes to maintenance and repair services, dealerships are leaving money on the table. Despite being known for their knowledgeable and skilled technicians, dealers only capture 30% of service visits a year. Dealerships must more effectively “sell” their service…
Consumers are experiencing the benefits of in-vehicle technology, and are more willing than ever before to spend extra for it. While most consumers will consider a vehicle with semi-autonomous features like self-braking and assisted parking, they remain wary — or largely…
The Cox Automotive Future of Digital Retail Study survey of 2,550 in-market shoppers reveals consumer demand for a convenient, consultative sales process that seamlessly connects online & offline car-buying options. % WANT TO DO ONE OR MORE STEPS OF THE…
Daily expenses continue to grow at a faster pace than wages and income, leaving consumers with less money to spend on their vehicles. As a result, consumers are putting more focus on monthly payments and signing up for longer loan…
A monthly report leveraging Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry.
Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchise and independent auto dealers, the Cox Automotive Dealer Sentiment Index measures dealer perceptions of current retail auto sales and sales expectations for the next three months…
A monthly report leveraging Cox Automotive’s multifaceted insight into the automotive marketplace to provide an overview of economic indicators, supply, demand, credit and other vital topics and trends affecting the industry.
The Kelley Blue Book Market Report is a quarterly publication that explores the state of the automotive industry by analyzing Kelley Blue Book® Auction Values.
