Learning Center | Cox Automotive

This is the Way Forward: Digital Retailing Insights to Drive Success in 2021. 02/02/2021 We all know that 2020 created huge shifts in consumer habits and behaviors – from the way we shop, work, eat and even how our kids learn. Our world has become much more digital and companies have embraced contactless business models almost overnight. Of course, this shift to digital has had a profound impact on the automotive industry. Consumers are making it clear that digital retailing… Read Article

Marketing

All Operations Inventory Marketing Sales Service Market Insights

Cox Automotive Monthly Industry Update Video Series – Episode 2 06/10/2022 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 2, Cox Automotive Research Manager Rebecca Rydzewski is joined by Senior Economist Charlie Chesbrough, Chris Frey, senior manager of economic and industry insights, and Michelle Krebs, executive analyst. They cover… Read Article

Monthly Industry Update Market Insights Commentary & Voices

Cox Automotive Dealer Sentiment Index: With COVID-19 Concerns Mostly in the Rearview Mirror, Auto Dealers’ Attention Turns to Inflation, High Costs and Tight Inventory 06/10/2022 ATLANTA, June 10, 2022 – U.S. automobile dealer sentiment in the second quarter of 2022 softened as U.S. auto dealers’ attention turned to inflation, high costs and tight inventory, marking the fourth straight quarter-over-quarter decline in market sentiment. The current market index peaked at 67 in Q2 2021 and has been trending downward since. Still, at 54, the current market index remains above the positive threshold of 50… Read Article

Cox Automotive Dealer Sentiment Index CADSI Press Releases

Cox Automotive Launches Monthly Industry Update Video Series 05/24/2022 Welcome to the Cox Automotive Monthly Industry Update. This monthly presentation is new content offered by the Cox Automotive Industry Insights team. The goal is to provide a holistic look at the auto industry’s performance each month in video format. In this month's video, Cox Automotive Research Manager Rebecca Rydzewski is joined by Senior Economist Charlie Chesbrough and Chris Frey, senior manager of economic and industry… Read Article

Monthly Industry Update Market Insights Commentary & Voices

Q1 2022 Kelley Blue Book Brand Watch Report Results with Senior Research Manager Vanessa Ton 05/23/2022 CBT News, May 23, 2022 – Recently, Cox Automotive published the Q1 Kelley Blue Book Brand Watch Report, covering the non-luxury, luxury, and electrified segments. Joining anchor Jim Fitzpatrick on this edition of Inside Automotive is Vanessa Ton, Senior Research Manager at Cox Automotive, who discusses the study and some of its key findings. Watch the Interview. Read Article

Kelley Blue Book Brand Watch News Coverage

Car Buyers Report Higher Satisfaction When Using Digital Financing Tools, New Cox Automotive Study Shows 04/26/2022 ATLANTA, April 26, 2022 – Though only 29% of buyers applied for financing online for their most recent vehicle purchase, 96% of those surveyed are willing to do so, according to a new study published by Cox Automotive. The Cox Automotive Car Buyer Financing Journey Study revealed that buyers who completed key financing steps online saved time and were more satisfied with their time at the… Read Article

Digital Retailing auto loans eCommerce Press Releases

Used Car Dealer Podcast Episode 37: Interview with Randy Kobat, Vice President of Inventory Management Solutions at Cox Automotive 04/19/2022 In this Used Car Dealer Podcast episode, Zach Klempf interviews Randy Kobat, vice president of Inventory Management Solutions at Cox Automotive. Randy discusses the latest developments from NADA, how Upside and Kelley Blue Book Instant Cash Offer help used car dealers, as well as general discussion around inventory management. He also touches on the Cox Automotive Ten Predictions for 2022. Watch this Episode. Listen to the… Read Article

Inventory used-car inventory News Coverage

Transforming F&I for Automotive eCommerce 04/07/2022 “No one will ever buy those online.” That used to be the conventional wisdom about clothes and home furnishings, yet eCommerce sales of both apparel and furniture increased by more than 20% in 2021.1 Consumers who used to feel strongly about seeing, touching, and trying out these items before purchase chose convenience (backed by reasonable return policies) and made the leap to online shopping. For those… Read Article

Esntial Commerce eCommerce Market Insights Commentary & Voices

Wholesale Used-Vehicle Prices Decline in March from Seasonal Adjustment 04/07/2022 Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) declined 3.3% in March from February. The Manheim Used Vehicle Value Index declined to 223.5, which was up 24.8% from a year ago. The non-adjusted price change in March was an increase of 0.6% compared to February, leaving the unadjusted average price up 23.2% year over year. Manheim Market Report (MMR) values saw weekly price… Read Article

Manheim Used Vehicle Value Index MUVVI Market Insights Data Point

Inventory and Merchandising Best Practices for an eCommerce Future 03/22/2022 For years, consumers have done hours of research online before buying a vehicle. But today they are increasingly comfortable completing a purchase on the web, with 76% of car buyers open to buying completely online.1 In 2021, U.S. eCommerce sales totaled $933 billion and are projected to grow 23.6% by 2025.2 This is helping to drive an increase in consumer expectations of being able to transact… Read Article

Esntial Commerce eCommerce Market Insights Commentary & Voices

Podcast: Digital Retail with Lori Wittman & Paulo de Silva of Cox Automotive 03/21/2022 Auto Remarketing Podcast, March 21, 2022 – Next up in our NADA Show 2022 podcast series, Lori Wittman and Paulo da Silva of Cox Automotive join the Auto Remarketing Podcast, where they chat with senior editor Joe Overby about the company's Esntial Commerce platform and their work providing digital retail solutions to dealers. In related news, the Titus-Will Automotive Group said Monday that it has launched… Read Article

Digital Retailing Esntial Commerce News Coverage

Follow us on Twitter