Cox Automotive Executive Analyst Michelle Krebs on Jim Farley succeeding Jim Hackett as Ford Motor Co. CEO, effective Oct. 1, 2020: “How appropriate that Jim Farley was elevated to CEO of Ford Motor Co. 10 years, almost to the day,…
Automotive News, Aug. 4, 2020 – Toyota Motor Corp., American Honda and Kia in July posted their smallest U.S. sales declines since the coronavirus outbreak took hold and four brands chalked up increases, signaling the market continues to recover from…
Almost immediately after COVID-19 was declared a global pandemic, automakers pulled out their playbook from the Great Recession and quickly put in place aggressive incentives like zero-percent financing for 84 months to buoy sales. Now, as vehicle sales are recovering…
New vehicles in the range of $30,000 to $40,000 are in the shortest supply while those priced below $30,000 have the highest inventory, according to a Cox Automotive analysis of list prices based on vAuto Available Inventory data. The days’…
Daily new COVID-19 cases in the U.S. are declining again, but the impact of higher risk and more restrictions on activity across much of the country has diminished economic activity resulting in an increase in people filing for unemployment benefits.…
Fiat Chrysler Automobiles (FCA) reports second-quarter 2020 financial results Friday, July 31, and analysts are forecasting a loss likely larger than the $1.83 billion posted in the first quarter of this year. Here are key data points from Cox Automotive…
Cox Automotive Executive Vice President and vAuto Founder Dale Pollak and Chief Economist Jonathan Smoke, along with special guests discuss on the latest market insights and essential steps your dealership needs to take now to prepare for the headwinds likely…
Cox Enterprises has named Steve Rowley as the new president of Cox Automotive, effective Aug. 3. Cox Automotive includes powerhouse brands Autotrader®, Kelley Blue Book®, Dealertrack®, vAuto® and Manheim®. He takes over for President and CEO Sandy Schwartz, who moves…
As they did in June, the Fed today affirmed rate policy will remain where it is “…until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.”…
Ford Motor Co. reports second-quarter 2020 earnings Thursday, July 30, after the stock market closes. The results will be dismal, as Ford has already hinted very publicly that its operating loss will drop deep into the red, perhaps one of…
