ATLANTA, Jan. 26, 2021 – Cox Automotive announced today that Ken Kraft is joining the company as executive vice president and chief marketing officer, effective Monday, February 8. Kraft will report to Cox Automotive President Steve Rowley and join the…
ATLANTA, Jan. 25, 2021 – Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Corina Diehl, owner and president of Diehl Automotive, a five-dealership group headquartered in Butler, Pa. Named after Barbara Cox, the late co-owner…
Atlanta, Jan. 25, 2021 – There was a time when consumers rated the car-buying process roughly on par with a stubborn root canal. But those days are passing into the rearview mirror now, as auto dealers move more steps of…
The downward trend in new daily COVID-19 cases continues. Hospitalizations and deaths are on the decline as well. The pandemic risk remains at the highest level for much of the country, but conditions should improve as the month ends. On…
ATLANTA (Jan. 25, 2021) – Cox Automotive today announced the launch of Complete Retail, a revolutionary end-to-end digital retail experience that allows consumers and retailers to complete the shopping and buying processes from anywhere. Cox Automotive is uniquely positioned to bring…
A whopping 2.9 million pickups were sold in the U.S. last year, making up roughly 20% of the entire auto market. While electric vehicles (EV) receive significant consumer and media attention, they remain a very small portion of new-vehicle sales…
Used-vehicle inventory and prices climbed throughout December, with the average list price smashing another record, according to a Cox Automotive analysis of vAuto Available Inventory data. 2.68M Total Unsold Used Vehicles as of Dec. 1 55 Days’ Supply $22,087 Average…
Our Chief Economist Jonathan Smoke joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. The latest on COVID-19’s nationwide impact Continuing jobless claims and impacts by…
We’ve said it before, and we’ll say it again: “It could have been worse.” With a solid second half and great effort by U.S. auto dealers, 2020 finished with sales of 14.5 million. Fleet took a beating, but retail sales stayed…
Given the ongoing turbulence in the automotive marketplace, the Cox Automotive Economic & Industry Insights team is publishing its mid-month view of the wholesale market, including wholesale prices. The posted material provides commentary and an updated look at the Manheim…
