ATLANTA, March 14, 2022 – Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Chrissy Taylor, president and chief executive officer for Enterprise Holdings Inc., headquartered in St. Louis. Enterprise Holdings operates the Enterprise Rent-A-Car, National…
Automotive News, March 14, 2022 – Brian Finkelmeyer, new-car strategist at Cox Automotive, writes in a commentary piece in Automotive News about three areas of opportunity that deserve more attention than “How many and how much.” In this article, Finkelmeyer…
ATLANTA, March 14, 2022 – Cox Automotive presented its annual Leader in Sustainability Award to LaFontaine Automotive Group, a Michigan-based dealership group with 51 retail franchises, eight collision centers and 29 retail locations. The Cox Automotive Leader in Sustainability Award…
COVID-19 cases continue to fall and are back to July levels. Even with cases down, consumer sentiment, according to the University of Michigan, declined again in the initial March reading as consumers are impacted by rising gas prices and unsettled…
Certified pre-owned (CPO) sales in February rose to 191,860 units. This total is up 15.3% from January’s 166,309, but down nearly 8.5% from February 2021. February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.…
New-vehicle average transaction prices (ATPs) decreased to $46,085 in February 2022 after reaching a record high in December 2021, according to new data released by Kelley Blue Book, a Cox Automotive company. Prices fell 0.5% ($253) month over month due…
Access to auto credit expanded in February according to the Dealertrack Credit Availability Index for all types of auto loans. The All Loans Index increased 1.9% to 104.0 in February, reflecting that auto credit was easier to get in the…
ATLANTA and SAVANNAH, Tenn., March 9, 2022 — Jones Motor Company announced today the launch of Jones Direct Auto powered by Cox Automotive Esntial Commerce™. The innovative, fully online, automated used vehicle retail website allows consumers to select from Jones’…
Our Kelley Blue Book team offers plenty of good advice for vehicle buyers; one of their most well-known features is the annual 5-year Cost to Own research. In that study, the team considers total vehicle-related costs an owner will likely…
ATLANTA, March 9, 2022 – Facing a slow start to the year, and with concerns over inflation and the economy, automobile dealer sentiment softened in Q1, marking the third consecutive quarter-over-quarter decline in current market sentiment. Still, at 57, the…
