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COVID-19 BUSINESS UPDATES

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COVID-19 Updates

COVID-19 Business Updates

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This summary of information related to the Cox Automotive response to COVID-19 will be updated regularly as the situation evolves.

COVID-19’s Economic Impact on U.S. Auto Sales

March 31, 2020: Cox Automotive’s Chief Economist, Jonathan Smoke, provides continuing coverage of the impact on the automotive industry from his home studio in Atlanta, GA.

In this video, Jonathan examines:

  • Hardest hit COVID-19 areas in the U.S.
  • State-level jobless claims
  • Consumer sentiment and buying behaviors
  • Current view of new and used retail sales and prices
  • An outlook for vehicle sales in April 2020
  • Proprietary insights from Cox Automotive

During this unprecedented time, Cox Automotive is committed to providing you with the most up-to-date automotive news. Check back regularly for the latest updates. For previous updates from Jonathan Smoke, click here.

Cox Automotive Retail Solutions COVID-19 Assistance Program

Learn about the Cox Automotive Retail Solutions COVID-19 Assistance Program for April and May. View the offer.

A MESSAGE FROM SANDY SCHWARTZ, COX AUTOMOTIVE CEO

“Today, more than ever, I think the most important thing we can all do is
take care of ourselves, our families and our people.”

COVID-19 Cox Automotive Brand Updates

With health and safety as our top priority, the Cox Automotive family of brands is also committed to partnering with clients to keep the automotive marketplace up and running. In the interest of staying connected with our partners and clients, real-time updates on business operations for each of our brands can be accessed here.

Staying Connected to Your Customers During COVID-19

Cox Automotive is committed to sharing best practices and strategies around operating optimally in a virtual sales and service environment. Read more.

A Note from Cox Automotive CEO Sandy Schwartz Regarding COVID-19

Let’s just say this about COVID-19: We’re all in it together. Our job is to help make the automotive industry as good as it can be, and that has never been more apparent or more important than right now. Like so many others, Cox Automotive is looking for every opportunity to keep our people healthy, to keep our partners’ and clients’ businesses healthy, and to do our part to prevent the virus from spreading further.

We’re doing everything we can to keep the automotive marketplace up and running. That includes taking the steps outlined below to protect our people and deliver the best possible service through this unusual disruption. We’re monitoring the situation by the hour and we’re ready to move quickly with additional protocols should we need them. Read more.

Cox Automotive’s Statement on COVID-19 – Summary of Activities

Cox Automotive is taking multiple steps to maintain business continuity with our clients, customers and partners while ensuring the safety of our employees during the COVID-19 pandemic. Our goal is to do the right thing to keep employees healthy, to keep our business moving forward, and to do our part to keep the virus from becoming a larger-scale pandemic. We are in close contact with government and health officials as this situation evolves. Learn more about key measures the company has taken.

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