Cox Automotive Inc.

Cox Automotive to Showcase New Retail and Inventory Solutions at NADA Show 2025, as the Auto Industry Gains Momentum

9 min read

ATLANTA, Jan. 21, 2025 – Cox Automotive, the world’s largest automotive services and technology provider, will showcase new retail and wholesale solutions designed to fuel the future of car buying and selling during NADA Show 2025, the National Automotive Dealers Association’s annual convention, opening later this week in New Orleans. Cox Automotive, the largest exhibitor … Continued

EV Market Monitor – December 2024

3 min read

As December 2024 wrapped up, the U.S. electric vehicle (EV) market continued to reach new milestones. December saw record-breaking EV market share for both new and used EVs, with inventory levels tightening and closing the gap between EVs and ICE+ models. While the average transaction price for new EVs edged up slightly, the average listing … Continued

Retail Used-Vehicle Sales Flat in December, Up 12% Year Over Year

2 min read

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in December1 were flat month over month compared to November.  A total of 1.4 million used vehicles were sold at retail – from both franchised and independent dealers – during December, up 12% year over year. Days’ supply of used vehicles at … Continued

Wholesale Used-Vehicle Prices Increase in the First Half of January

6 min read

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were higher than those of December in the first 15 days of January. The mid-month Manheim Used Vehicle Value Index rose to 205.4, now showing a gain of 0.7% from the full month of January 2024. The seasonal adjustment dampened the results for the … Continued

Cox Automotive Releases Dealertrack 2025 Compliance Guide

4 min read

ATLANTA, Jan. 14, 2025 — Cox Automotive Inc. today announced the release of its annual Dealertrack Compliance Guide for 2025, its 20th edition. As the automotive industry remains stable yet faces major market shifts in the coming year related to fair financing, vehicle electrification and omnichannel buying, dealers must prioritize compliance to protect consumers and … Continued

Electric Vehicle Sales Jump Higher in Q4, Pushing U.S. Sales to a Record 1.3 Million

3 min read

Sales of electric vehicles (EVs) in the U.S., according to the latest counts from Cox Automotive’s Kelley Blue Book, jumped 15.2% year over year in the fourth quarter of 2024 to 365,8241, setting a new volume record for any quarter. In 2024, full-year EV sales reached 1.3 million, an increase of 7.3% from the upwardly … Continued

Cox Automotive Executive Vice President and vAuto Founder Dale Pollak Releases New Book, “Invested: The New Science, Strategy & System of Used Vehicle Investment Management”

3 min read

ATLANTA—Jan. 8, 2025—Cox Automotive Inc.’s Executive Vice President and vAuto founder, Dale Pollak, has released “Invested: The New Science, Strategy & System of Used Vehicle Investment Management,” his latest book that challenges the fundamental beliefs and assumptions of used vehicle operations that have shaped the industry for more than a century. “Invested” is a new … Continued

Q4 2024 Manheim Used Vehicle Value Index Call Replay Available

1 min read

A replay of the Q4 2024 Manheim Used Vehicle Value Index Call held on Wednesday, Jan. 8, is available below. Cox Automotive Chief Economist Jonathan Smoke, Senior Director Jeremy Robb, and Scott Vanner, a senior analyst on the Economic and Industry Insights team, presented the latest Manheim Used Vehicle Value Index and the major economic and industry trends … Continued

Wholesale Used-Vehicle Prices Decreased in December

7 min read

Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in December compared to November. The Manheim Used Vehicle Value Index (MUVVI) fell to 204.8, an increase of 0.4% from a year ago. The seasonal adjustment to the index reduced the change for the month, as non-seasonally adjusted values declined at a … Continued

Cox Automotive’s Car Buyer Journey Study Reveals Record High Satisfaction Among New and EV Buyers

7 min read

ATLANTA, Jan. 7, 2025 – The 2024 Car Buyer Journey (CBJ) Study by Cox Automotive has unveiled record highs in new-car buyer satisfaction, driven by advancements in digital tools helping seamlessly integrate online and in-dealership activities. This seamless integration – known as an omnichannel buying experience – saves time, reduces repetition and ultimately improves satisfaction with … Continued