Updated, Feb. 4, 2025 – New-vehicle sales in January increased compared to year-ago levels, as our team had expected, but initial results indicate that market volume likely came in slightly below our forecast. The Cox Automotive forecast called for year-over-year growth of 5.2%, but early estimates suggest the increase was closer to 4%, as some … Continued
Key Highlights Residential Construction Trends Residential construction trends were mixed in December as permits declined and starts increased, but the underlying data suggest growth is ahead for multifamily. Existing Home Sales Existing home sales increased 2.2% in December, which was better than the 1.2% increase expected and marks the third month of increases. Inventory declined, … Continued
ATLANTA, Jan. 27, 2025 – Cox Automotive announces Diane Maher, president and chief strategy officer of DP Fox Ventures LLC and president and chief operating officer at Fox Motor Group, as the 2025 Barbara Cox Woman of the Year. 2025 marks the 20th presentation of the award, named in honor of the late Barbara Cox, … Continued
On Monday, Jan. 6, Cox Automotive took center stage at CES 2025 in Las Vegas with The Trusted Resource on the EV Future, a dynamic 40-minute panel discussion highlighting the latest advancements in electrification and how Cox Automotive is leading the charge in innovation and sustainability within the EV space. Moderated by Erin Keating, Executive … Continued
ATLANTA – January 23, 2025 – Cox Automotive’s industry-leading logistics brand, Central Dispatch, is debuting all-new Market Intelligence capabilities, including a new AI-powered pricing tool, API for pricing insights, enterprise data file and market report. Fueled by rich data from the industry’s largest transportation marketplace, these Market Intelligence offerings give dealers, transportation brokers and carriers … Continued
ATLANTA—Jan. 22, 2025—VinSolutions, Cox Automotive Inc.’s AI-powered marketing, sales and service solution suite, today announced it has strengthened its partnership with FordDirect through a new integration with Smart VINCENT. This new integration benefits Ford Dealers and Lincoln Retailers currently enrolled in the CRM Data Edge program by simplifying and expediting the sales process, saving them … Continued
Welcome to the monthly Manheim Market Insights update. Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive, offers a monthly check-in on what we are seeing in the used wholesale and retail markets, all through the wide lens of the data available from Cox Automotive. This month’s video highlights the mid-month Manheim Used Vehicle … Continued
The auto industry has been experiencing more disruption and innovation than any period over the past 100 years. Automakers are struggling to contend with the compounding impact of the transition to electric vehicles, tariffs, the rise of Chinese automakers, and a complicated web of government regulations across the globe. With President Trump entering the White … Continued
ATLANTA, Jan. 21, 2025 – Cox Automotive, the world’s largest automotive services and technology provider, will showcase new retail and wholesale solutions designed to fuel the future of car buying and selling during NADA Show 2025, the National Automotive Dealers Association’s annual convention, opening later this week in New Orleans. Cox Automotive, the largest exhibitor … Continued
As December 2024 wrapped up, the U.S. electric vehicle (EV) market continued to reach new milestones. December saw record-breaking EV market share for both new and used EVs, with inventory levels tightening and closing the gap between EVs and ICE+ models. While the average transaction price for new EVs edged up slightly, the average listing … Continued
