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Podcast: Digital Retail with Lori Wittman & Paulo de Silva of Cox Automotive

Auto Remarketing Podcast, March 21, 2022 – Next up in our NADA Show 2022 podcast series, Lori Wittman and Paulo da Silva of Cox Automotive join the Auto Remarketing Podcast, where they chat with senior editor Joe Overby about the…

CarBreezy, A New Fully Online Car Buying Solution, Launches Utilizing Cox Automotive Esntial Commerce Technology

ATLANTA and TACOMA, Wash., March 21, 2022 – Titus-Will Automotive Group announced today the launch of CarBreezy, powered by the Cox Automotive Esntial Commerce™ platform. The new fully online, automated, pre-owned vehicle website allows consumers to find and purchase a…

Auto Market Weekly Summary

COVID-19 cases are now down 96% from the peak in mid-January, but the war in Ukraine and accelerating inflation have weighed on consumer sentiment in March. Still, the consumer kept spending at retailers in February, but inflation is what drove…

1 Week to Go: Cox Automotive Q1 2022 Industry Insights and Sales Forecast Webcast

Register now to join Cox Automotive Chief Economist Jonathan Smoke, Senior Economist Charlie Chesbrough, and the Industry Insights team for the Q1 2022 Industry Insights and Sales Forecast Webcast. Monday, March 28 1 p.m. EDT. During this 90-minute session, the team…

Podcast: The Intersection of EVs & Auto Auctions

Auto Remarketing Podcast, March 17, 2022 – Next up on our NADA Show podcast series, Cox Automotive Mobility president Joe George and Manheim president Grace Huang sit down with Auto Remarketing senior editor Joe Overby to discuss how electric vehicles —…

Used-Vehicle Sales Gain Momentum, Despite Elevated Prices

Revised April 14, 2022 – Tax refunds finally are arriving, ushering in the traditional spring bounce for used-vehicle sales, according to the Cox Automotive analysis of vAuto Available Inventory data. Sales of used vehicles, while still pricey, started to heat…

Wholesale Used-Vehicle Prices Decline in First Half of March from Seasonal Adjustment

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 3.8% in the first 15 days of March compared to the full month of February. This brought the Manheim Used Vehicle Value Index to 222.4, which was up…

Fed Makes First of Seven Rate Increases Expected in 2022

The Fed followed through with its widely telegraphed plan to start raising the target rate for the Federal Funds Rate. The target was increased by a quarter of a point, as expected, but the Fed indicated that six more quarter-point…

Cox Automotive’s Grace Huang and Brad Burns on Improving the Digital Wholesale Buying Process for Auto Dealers

CBT News, March 16, 2022 – At this year’s NADA Show in Las Vegas, CBT News anchor Jim Fitzpatrick had a chance to speak with Grace Huang, President of Inventory Solutions Group at Cox Automotive, and Brad Burns, AVP of Vehicle Information…

New-Vehicle Supply Edged Higher; Prices Dipped Again

Revised, April 13, 2022 – New-vehicle inventory edged higher in the last two weeks of February, though days’ supply fell from January, according to a Cox Automotive analysis of vAuto Available Inventory data. Prices slipped again, staying below $45,000. 1.07M…