Cox Automotive Inc.

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

Cox Automotive’s 2025 Outlook: Market Growth, Improving Affordability, and Higher Buyer Satisfaction Expected in Year Ahead

6 min read

ATLANTA, Jan. 6, 2025 – Cox Automotive has released an optimistic outlook for the automotive market as 2025 gets underway. The U.S. auto market finished 2024 with momentum, and despite some uncertainties, the current trajectory is positive. New-vehicle sales in 2024 finished near 16.0 million, according to estimates from Cox Automotive’s Kelley Blue Book, an … Continued

Used Retail Vehicle Sales Increase in November

2 min read

According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in November1 increased by nearly 2% month over month from October.  A total of 1.4 million used vehicles were sold at retail – from both franchised and independent dealers – during November, up 13% year over year. Days’ supply of used vehicles … Continued

EV Market Monitor – November 2024

3 min read

As 2024 draws to a close, the U.S. electric vehicle (EV) market continues to gain momentum. November saw steady growth in sales for both new and used EVs, with inventory tightening and narrowing the gap between EVs and ICE+ models. Additionally, the average transaction price for new EVs and the average listing price for used EVs … Continued

Manheim Market Insights Series: Episode 28

1 min read

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

Cox Automotive’s Newest VinSolutions Artificial Intelligence Solution Can Turn Data Into Deals

4 min read

ATLANTA, Dec. 17, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, today introduces powerful, new Artificial Intelligence capabilities to its leading CRM solution VinSolutions. Using Predictive Insights with Generative AI (GenAI) capabilities, this proprietary CRM technology incorporates first-party behavioral data from Cox-owned marketplaces Autotrader, Kelley Blue Book and Dealer.com.  As a result, … Continued

Replay Available: Cox Automotive Industry Insights and Forecast 2025 Call

1 min read

A replay of the Cox Automotive Industry Insights and Forecast 2025 Call held on Tuesday, Dec. 17, is available below. Cox Automotive Chief Economist Jonathan Smoke and the Industry Insights team provided an update on the U.S. automotive market for 2024, covering the new, used and electric markets with insights and data from Cox Automotive. The team also reviewed Cox … Continued