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Misconceptions About EVs Hindering Demand

Automotive News, Aug. 19, 2019 — Cost and practicality are deterring customers from buying electric vehicles, according to a Cox Automotive study. But Cox says much of the concern is based on misconceptions. “A lot of it is misconception and…

Tesla Is An EV Brand Awareness Juggernaut Compared To Competition

Forbes, Aug. 19, 2019 — When it comes to electric vehicle brand awareness in the marketplace, Elon Musk’s Tesla by far surpasses all others, according to a study released Monday by Cox Automotive. When asked what brands of electric vehicles they were…

Cox Automotive Evolution of Mobility Study: The Path to Electric Vehicle Adoption Study Released

Dealers and automakers are in the driver’s seat when it comes to laying a positive foundation for the nearly 100 new electrified models scheduled to arrive in the U.S. market in the next few years. However, without collaboration between the…

Overcoming Electric Vehicle Misconceptions is Crucial to Converting Consideration to Sales

ATLANTA, Aug. 19, 2019 – Dealers and automakers are in the driver’s seat when it comes to laying a positive foundation for the nearly 100 new electrified models scheduled to arrive in the U.S. market in the next few years.…

Auto Market Weekly Summary

Last week was a week filled with new economic data and financial market volatility. More than half of the week’s new data point to continued strength and even promising improving trends supportive of growth in the U.S. economy. The other…

July CPO Sales Trend Continues Favorable Momentum

Sales of certified pre-owned (CPO) vehicles increased 6% in July compared to July 2018 and were down 2% compared to June. For the month, 236,579 CPO units were sold. Over 1.6 million CPO vehicles have been sold in 2019, up…

Q2 2019 Kelley Blue Book Brand Watch: Non-Luxury Segment

Americans’ love for pickup trucks swelled in the second quarter, while their desire for SUVs stayed stronger, according to Q2 Kelley Blue Book Brand Watch ™ for non-luxury vehicles. Kelley Blue Book Brand Watch is a consumer perception survey that also…

10 Things to Know About July Sales

We can look back in general terms at July 2019 and call it a solid month of new-car sales in the U.S. With roughly 1,399,000 vehicles sold, the market was on pace to sell 16.8 million for the year, aligned…

Inventories Rise; Automakers Cut Production

The U.S. auto industry entered August with days’ supply of vehicle inventories trending higher at a time of the year when inventories traditionally are lowest as automakers sell down the previous model year to make way for new model year…

Cox Automotive’s Isabelle Helms Discusses the Latest Recruiting Trends For Dealers

CBT News, Aug. 12, 2019 — Attracting the top talent is always on every dealer’s mind, however as the workforce begins to change, so should recruiting strategies. On today’s show, CBT News takes a look at our recent conversation with…