Cox Automotive Inc.

Cox Automotive Acquires Fyusion, Purchase Deepens Collaboration, Delivers Future Innovations Benefiting Clients

4 min read

ATLANTA, Jan. 5, 2021 – Cox Automotive has acquired Fyusion, a computer vision company and leader in immersive vehicle imaging solutions for automotive and other industries. This acquisition will deepen the collaboration between Manheim and Fyusion, which have worked together for years to give clients the wholesale industry’s best mobile imaging and condition capture tools in the Manheim … Continued

Cox Automotive Acquires Dickinson Fleet Services

5 min read

ATLANTA and INDIANAPOLIS, Jan. 5, 2021 – Cox Automotive today announced the acquisition of Dickinson Fleet Services, the leading mobile maintenance provider for medium and heavy-duty trucks and trailers in North America. This investment significantly bolsters the capabilities and geographic reach of Cox Automotive Mobility’s nationwide Pivet fleet services marketplace. Dickinson’s breadth of preventative maintenance … Continued

Cox Automotive December Forecast: Sales Pace Continues to Slow as 2020 Stumbles Across Finish Line

4 min read

ATLANTA, Dec. 22, 2020 – Boosted by year-end sales and extra selling days, light vehicle sales in the U.S. for December are expected to finish near 1.54 million, a 1.9% increase over last December. The gain is a bit misleading, however, as there are 28 shopping days this month, three more than last year and … Continued

The Coronavirus Holds Down Auto Sales, But It’s Still A Seller’s Market

1 min read

Forbes, Dec. 22, 2020 – The deadly coronavirus pandemic continues to cast a shadow on the U.S. economy and auto sales, probably through at least the first half of 2021, until vaccines become more widely available, according to a forecast from Cox Automotive. “We are starting to think things look a little bit tougher for … Continued

What the Auto Industry Can Expect From Year-End Sales in 2020 – Brian Finkelmeyer

1 min read

What can the industry expect through the end of the year? Brian Finkelmeyer, senior director of new car solutions at Cox Automotive, joins Jim Fitzpatrick on CBT News to answer that question. Finkelmeyer recently published an article in the Cox Automotive Newsroom titled Everything About 2020 Is Different, Including Year-End Deals, where he explores how December … Continued

Cox Automotive Unveils Dealertrack Credit Availability Index

1 min read

Auto Remarketing/SubPrime Auto Finance News, Dec. 14, 2020 – Cox Automotive recently launched a new industry measurement called the Dealertrack Credit Availability Index that’s geared to track how the auto-finance market is trending. For the first installment, analysts discovered credit availability continued to improve in November for all types of financing. Cox Automotive indicated the … Continued

After Historic Turnaround in Q3, U.S. Auto Dealer Current Market Sentiment Fades in Q4

7 min read

ATLANTA, Dec. 14, 2020 – U.S. automobile dealer sentiment dropped in Q4 returning to its pre-pandemic levels, according to the latest Cox Automotive Dealer Sentiment Index (CADSI). The overall current market index dropped below 50 into negative territory with a score of 49, a statistically significant 7-point decrease from last quarter’s 56. Year over year, … Continued

Politics, Virus Weigh on Dealers

1 min read

Automotive News, Dec. 14, 2020 – Political confusion and a worsening pandemic clouded dealer sentiment gauged by Cox Automotive’s quarterly Dealer Sentiment Index survey. Dealers reported slightly lower optimism on Cox’s fourth-quarter poll, conducted Nov. 4 to 15 as coronavirus cases surged and the outcome of the presidential election hung in the balance. Cox Automotive … Continued

Strategies to Keep BEVs from Zapping Your Service Lane Revenue

1 min read

Automotive News/Fixed Ops Journal, Dec. 2020 – Ed Roberts, fixed ops director at Bozard Ford-Lincoln in St. Augustine, Fla., has been thinking a lot lately about how Ford’s first three battery-electric vehicles — the Mustang Mach-E arriving this month, the E-Transit van coming late next year and the battery-powered F-150 planned for 2022 — will … Continued

Big Drop in CPO Sales, but Market Set for 2021 Rebound

1 min read

Auto Remarketing, Dec. 10, 2020 – Certified pre-owned sales took major tumbles on both year-over-year and month-over-month bases in November, but that shouldn’t cause alarm about the overall strength in CPO, according to Cox Automotive. The 21% decline from November 2019 admittedly could be seen as “a big shock to the market,” but that slowdown … Continued