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NADA 2020 — Las Vegas, February 15–17

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Cox says it is a “patient investor”

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Listed company competitors of Cox Automotive are on notice that the US auto services giant has the luxury of patience to implement its plans in Australia and is not subject to restless analysts and carping activist investors interfering or disrupting the development of Cox’s long-term business plans.

In briefings surrounding the recent launch of Cox Automotive Australia, and in an exclusive interview with GoAutoNews Premium, senior executives and directors of the company made it clear that the values of the Cox family, and the lack of pressure to make short-term decisions to drive up share prices, was a significant competitive advantage.

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