We’re coming off of a few great years, so you might not feel it yet, but vehicle sales are trending downward and profit margins already have begun to compress. It’s just the cyclical nature of the automotive industry. Something I’m sure you’ve felt, however, is the not-so-subtle shift in customer expectations. Every day it seems dealers are expected to do more for their customers, and with less money. In fact, 60% of customers expect more from you now than they did just a year ago.
About Cox Automotive
Cox Automotive is the world’s largest automotive services and technology provider. Fueled by the largest breadth of first- and third-party data fed by 2.3 billion online interactions a year, Cox Automotive tailors leading solutions for car shoppers, auto manufacturers, dealers, lenders and fleets. The company has 29,000+ employees on four continents and a portfolio of industry-leading brands that include Autotrader®, Kelley Blue Book®, Manheim®, vAuto®, Dealertrack®, NextGear Capital™, CentralDispatch® and Cox Fleet®. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately owned, Atlanta-based company with $23 billion in annual revenue. Cox Automotive has been included on Glassdoor’s Best Companies in Tech & AI 2026 and Best Place to Work in 2026 lists. Visit coxautoinc.com or connect via @CoxAutomotive on X, CoxAutoInc on Facebook or Cox-Automotive-Inc on LinkedIn.
Related Market Insights
Cox Automotive Forecast: April New-Vehicle Sales Pace to Reach 16.1 Million, Despite Declining Consumer Sentiment, Rising Economic Uncertainty
4 min ReadManheim Used Vehicle Value Index Increases Through Q1, As Healthy Spring Bounce Pushes Used-Vehicle Values Higher
6 min Read