Learning Center | Cox Automotive

Data Innovation That Drives Bottom Line Results 04/10/2023 By: Brad Phelps, Senior Director of Data Strategy “Innovation is seeing what everyone has seen and thinking what no one has thought.” -Dr. Albert Szent Gyorgyi, Nobel Prize winning biochemist. Everyone knows that good data informs better decisions. In parts one and two of our DRiVEQ blog series, we described the difference between data that drives a single intelligent decision vs. repeated, industry leading decisions. In… Read Article

Turning Data into Actionable Intelligence 12/21/2022 By Brent Towne, Sr. Director of Consumer Data Strategy Today’s consumers expect brands to understand them better than ever, offering personalized products and services. Meanwhile, brands are investing in customer data and experience management to maximize customer satisfaction, loyalty, and lifetime value. But modern data capabilities don’t always translate into relevancy and efficiency for the consumer. Or generate value for brands. In part two of our… Read Article

Connected Data: The engine that powers better results 08/11/2022 The Automotive industry is changing at breakneck speed. This includes a dizzying array of new vehicles being offered, many from completely new OEMs. A radical shift to electrification, and a steady and pronounced shift to more digital interactions are being felt throughout the entire industry. Read Article

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Digital Retailing Tools Save Time in Car Buying, Improve Customer Satisfaction While Offering Dealers Opportunities to Create More Personalized Experiences 11/17/2023 ATLANTA, Nov. 17, 2023 – Nearly all car dealers currently using digital retailing tools claim it has positively impacted their business, especially in customer experience and satisfaction, according to Cox Automotive’s 2023 Digitization of Car Buying Study. Capturing data from shoppers, buyers, and franchise dealers, Cox Automotive’s latest research on the state of digital retailing underscores how commonplace it is and the improvements it has added… Read Article

Digital Retailing Digitization of Car Buying Press Releases

Cox Automotive Monthly Industry Update Video Series – Episode 16 11/16/2023 The Cox Automotive Monthly Industry Update is produced by the Cox Automotive Economic and Industry Insights team with the goal of providing a holistic look at the auto industry’s performance each month in video format. In Episode 16, Cox Automotive Manager of Economic and Industry Insights Mirlene Jean-Simon is joined by Rebecca Rydzewski, research manager, and Quentin Wallace, research manager. This 12-minute presentation covers sales, inventory… Read Article

Monthly Industry Update Market Insights Commentary & Voices

Cox Automotive’s Evolved Brand Portfolio: Simplified and Harmonized 11/16/2023 Chief Marketing Officer Ken Kraft explains the driving force behind Cox Automotive’s new simplified and harmonized brand portfolio and why, in this case, less is more for customers. Have you noticed the most powerful brands keep things simple? Think Google, Apple, Uber, Coca-Cola – all are easy to recognize, familiar and concentrated in one powerful identity. That same strategy is what guided the team at Cox… Read Article

Market Insights Commentary & Voices

The Power of Data in an Evolving Automotive Market 10/31/2023 As we navigate the fourth quarter, risks remain across the auto industry caused by the fallout from the United Auto Workers strike, a possible economic slowdown, and political uncertainty that’s putting downward pressure on consumer sentiment. In times like these, following the data is even more important—for us and our clients. If you’ve followed the insights Jonathan Smoke and his team share each month, you’ve likely… Read Article

Inventory Market Insights Commentary & Voices

UAW Strike Update 2 10/19/2023 Last week, as the UAW strike against the Detroit 3 automakers moved into its fourth week, the tenor and dynamics shifted. On Wednesday, October 11th, the UAW unexpectedly called all 8,700 Ford workers at the Kentucky Truck Plant to go on strike, shutting down production of some of the Blue Oval’s most profitable vehicles. For many, the strike against Kentucky truck was a surprise in that… Read Article

Market Insights Smoke on Cars

Another Quarter, Another Record: EV Sales in the U.S. Surpass 300,000 in Q3, as Tesla Share of EV Segment Tumbles to 50% 10/12/2023 Electric vehicle (EV) sales volumes set another record in Q3, as total sales of battery-powered vehicles jumped past 300,000 for the first time in the U.S. market. Year-to-date EV sales through September reached just over 873,000, putting the market firmly on track to surpass 1 million for the first time ever. The milestone will likely be achieved in November. Total EV sales in Q3, according to an… Read Article

Sales new-vehicle sales U.S. auto sales Electric Vehicles EVs EV Electrified Vehicles Market Insights Data Point

Q3 2023 Manheim Used Vehicle Value Index Call Replay Available 10/09/2023 A replay of the Q3 2023 Manheim Used Vehicle Value Index Call held on Friday, Oct. 6, is available below. Cox Automotive Chief Economist Jonathan Smoke and Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive, discussed the latest Manheim Used Vehicle Value Index and the major economic and industry trends that shaped the second quarter. Smoke and Frey were joined by Jeremy… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Commentary & Voices

Cox Automotive and EV Battery Lifecycle Management 10/04/2023 At the Detroit Auto Show this past September, Lea Malloy, head of Cox Automotive’s Electric Vehicle Battery Business, and Joe George, president of Cox Automotive Mobility, discussed the company's increasingly significant role in electric vehicle (EV) battery lifecycle management. Their fireside chat touched on many aspects of this growing industry, from government incentives to technological innovations and the pressing need for comprehensive recycling programs. The automotive… Read Article

Electric Vehicles EVs Market Insights Commentary & Voices

UAW Strike Update 09/29/2023 Earlier this week, our team posted its new-vehicle sales forecast for September and the third quarter. Overall, as our senior economist Charlie Chesbrough notes, many analysts can’t help but be ‘pleasantly surprised’ with industry performance so far. There are certainly headwinds blowing in the automotive business, but our industry – thanks in large part to recovering fleet sales – continues to post solid new-vehicle sales that… Read Article

Market Insights Smoke on Cars

Q3 2023 Cox Automotive Industry Insights and Sales Forecast Call Replay Available 09/26/2023 A replay of the Q3 2023 Cox Automotive Industry Insights and Sales Forecast Call held on Tuesday, Sept. 26, is available below. Chief Economist Jonathan Smoke and the Economic and Industry Insights team shared data and insights regarding the performance of the consumer, industry, and economy in the third quarter, including updated 2023 Cox Automotive forecasts and the Cox Automotive Q3 and September U.S. auto sales forecast. Plus, take a listen to DJ… Read Article

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