New Orleans was hit by a historic snowfall just as thousands of attendees were arriving for the NADA Show 2025. The rare winter storm brought the heaviest snowfall the city had seen in over 130 years, adding an extraordinary twist to one of the automotive industry’s most significant events. Despite the weather-induced travel chaos, which … Continued
ATLANTA, Jan. 27, 2025 – Cox Automotive announces Diane Maher, president and chief strategy officer of DP Fox Ventures LLC and president and chief operating officer at Fox Motor Group, as the 2025 Barbara Cox Woman of the Year. 2025 marks the 20th presentation of the award, named in honor of the late Barbara Cox, … Continued
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle … Continued
The auto industry has been experiencing more disruption and innovation than any period over the past 100 years. Automakers are struggling to contend with the compounding impact of the transition to electric vehicles, tariffs, the rise of Chinese automakers, and a complicated web of government regulations across the globe. With President Trump entering the White … Continued
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
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
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 (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
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
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