Automotive News, Feb. 9, 2021 – Buick dealer Len Pollak had a rule for his four sons in the 1960s: No going to the NADA convention until you’re 10. That left Dale Pollak, the youngest, in an annual state of humiliation. Not only did he have to watch his brothers take off without him, he … Continued
This special newsroom provides a centralized hub to access all of the announcements from Cox Automotive brands related to NADA Show 2021 and AFSA 2021 Vehicle Finance Conference. Press Release Schedule Date/Time* Brand PR Contact Announcement Assets Feb. 8/8 a.m. Xtime Brenna Buehler Putting the Entire Service Process in the Palm of the Customer, Xtime Invites … Continued
Join Automotive News Publisher Jason Stein for a daily podcast series about the coronavirus crisis. He speaks with industry experts, insiders and Automotive News reporters about how the virus is impacting and reshaping the automotive industry. The new Cox Automotive President Steve Rowley sees growth opportunities for the dealership services giant in digital retailing and areas such … Continued
ATLANTA, Jan. 26, 2021 – January is normally the quietest month of the year for vehicle sales as buyers take a break after holiday shopping, but according to a Cox Automotive forecast released today, January 2021 U.S. auto sales are expected to be healthy, up from last month and down less than 4% from January … Continued
ATLANTA, Jan. 26, 2021 – Cox Automotive announced today that Ken Kraft is joining the company as executive vice president and chief marketing officer, effective Monday, February 8. Kraft will report to Cox Automotive President Steve Rowley and join the executive leadership team. The CMO role has been expanded and elevated to support more growth … Continued
ATLANTA, Jan. 25, 2021 – Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Corina Diehl, owner and president of Diehl Automotive, a five-dealership group headquartered in Butler, Pa. Named after Barbara Cox, the late co-owner of Cox Enterprises and daughter of the company’s founder, this honor is awarded to women … Continued
Atlanta, Jan. 25, 2021 – There was a time when consumers rated the car-buying process roughly on par with a stubborn root canal. But those days are passing into the rearview mirror now, as auto dealers move more steps of the retail process online resulting in consumer satisfaction hitting an all-time high, according to the … Continued
ATLANTA (Jan. 25, 2021) – Cox Automotive today announced the launch of Complete Retail, a revolutionary end-to-end digital retail experience that allows consumers and retailers to complete the shopping and buying processes from anywhere. Cox Automotive is uniquely positioned to bring every step of the car-buying journey and every part of the deal process together – … Continued
ATLANTA (Jan. 8, 2021) – Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.59% month over month in December, putting the Manheim Used Vehicle Value Index to 161.1, a 14.2% gain from a year ago. Manheim Market Report (MMR) prices declined each week over the four full weeks of December, resulting … Continued
Bloomberg, Jan. 6, 2021 – Pandemic lockdowns have cost millions oflow-income Americans their jobs, while white-collar types whowork from home are flush with cash they can’t spend on dining ortravel. Instead, many of them are buying expensive cars.High-end trucks and sport utility vehicles are flying offdealer lots, but sales of entry-level compact cars andcrossovers remain … Continued