ATLANTA, March 4, 2022 – Cox Automotive, the world’s largest provider of automotive services and solutions, is showcasing a wide collection of products and services at the annual National Automobile Dealers Association (NADA) gathering this month in Las Vegas. At the NADA Show, Cox Automotive will feature its unmatched portfolio across 26,300 square feet of … Continued
ATLANTA, March 4, 2022 – Cox Automotive today named Lori Wittman as the new president of the company’s Retail Solutions group and Amy Mills as Executive Vice President and Chief Strategy Officer. Both will report directly to Steve Rowley, president, Cox Automotive. The promotions signal the automotive tech and service giant’s commitment to transforming the industry by creating … Continued
ATLANTA – March 3, 2022 – Cox Automotive today announced the introduction of Cox Automotive Mobility Fleet Services, representing an evolution of its high-quality, full-service fleet solutions across scheduled and unscheduled maintenance, previously delivered in conjunction with industry leaders Dickinson Fleet Services and Interstate Truck Center. By operating under one unified brand, Cox Automotive Mobility … Continued
The video below is part of a biweekly Auto Market Report series focusing on data and insights that provide a holistic view of the auto industry. Chief Economist Jonathan Smoke leads our effort to translate data and trends into actionable insights. Download this week’s presentation.
The new used-car online retailers like Carvana, Vroom and Shift reported explosive revenue growth in the last quarter and for the full year of 2021. That comes as no surprise in that these so-called New Form Online Retailers (NFORs) also have experienced a steady and substantial rise in the number of shoppers visiting their websites. … Continued
ATLANTA, Feb. 28, 2022 – Cox Automotive today announced its suite of dealer software solutions that connects marketing, sales, service, and operations builds better consumer experience and improves retail bottom line by using robust first-party consumer data insights from the world’s most trusted consumer automotive platforms, Autotrader and Kelley Blue Book. Dealers using Dealer.com, VinSolutions, … Continued
Economic growth recovered in the fourth quarter, as real GDP growth accelerated to 7%, which was the strongest reading for the year, following the disruption from the delta wave of COVID-19 in the third quarter last year. This year started slower with the omicron wave, but activity is now recovering again as COVID cases are … Continued
Atlanta, Feb. 28, 2022 – Cox Automotive today announced its plans to transform the wholesale experience for used vehicles with Upside™, a one-of-a-kind solution that promises greater profitability for dealers as they sell vehicles and provides confidence for buyers as they acquire vehicles in the wholesale market. “While many dealers achieved record-setting profits as they … Continued
ATLANTA, Feb. 25, 2022 – As 2022 gets underway, Manheim Express has crossed two major milestones. More than 1,000 Manheim team members now serve Manheim Express dealer and commercial clients across the U.S. This explosive growth of the team is driven by soaring client adoption, with Manheim Express having exceeded 35,000 active marketplace participants. Since … Continued
Kevin Chartier, vice president of Manheim Consulting, sat down with Timothy Walker, director of fleet and remarketing at Kia, during the Kia Fleet and Dealer show to address a potential price correction in 2022 and share his thoughts on remarketing in 2022 and beyond. Watch the video below to learn more. If you have questions … Continued