Cox Automotive Inc.

Cox Automotive Executive Vice President and vAuto Founder Dale Pollak Releases New Book, “Invested: The New Science, Strategy & System of Used Vehicle Investment Management”

3 min read

ATLANTA—Jan. 8, 2025—Cox Automotive Inc.’s Executive Vice President and vAuto founder, Dale Pollak, has released “Invested: The New Science, Strategy & System of Used Vehicle Investment Management,” his latest book that challenges the fundamental beliefs and assumptions of used vehicle operations that have shaped the industry for more than a century. “Invested” is a new … Continued

Cox Automotive Reinforces Long-Term Commitment to the Fleet Industry

4 min read

ATLANTA, Jan. 8, 2025 – Fleet Services by Cox Automotive today announced that it has acquired the remainder of its industry-leading Fleet Services business from minority owners Mike Dickinson and Ted Coltrain. Coltrain will retire from Fleet Services this month, while Dickinson will remain in a consultancy role to facilitate a smooth transition. With this … Continued

Manheim Index: Used-Vehicle Values Stabilized in 2024, As Industry Faces Inventory Challenges in Year Ahead

6 min read

ATLANTA, Jan. 8, 2025 – After seeing used-vehicle values depreciate more than normal in the first half of the year, the Manheim Used Vehicle Value Index (MUVVI) ended 2024 at 204.8, an increase of 0.4% compared to year-earlier levels. While a gain of 0.4% is below the long-term average growth of 2.3%, the December reading … Continued

Cox Automotive’s Car Buyer Journey Study Reveals Record High Satisfaction Among New and EV Buyers

7 min read

ATLANTA, Jan. 7, 2025 – The 2024 Car Buyer Journey (CBJ) Study by Cox Automotive has unveiled record highs in new-car buyer satisfaction, driven by advancements in digital tools helping seamlessly integrate online and in-dealership activities. This seamless integration – known as an omnichannel buying experience – saves time, reduces repetition and ultimately improves satisfaction with … Continued

Cox Automotive’s 2025 Outlook: Market Growth, Improving Affordability, and Higher Buyer Satisfaction Expected in Year Ahead

6 min read

ATLANTA, Jan. 6, 2025 – Cox Automotive has released an optimistic outlook for the automotive market as 2025 gets underway. The U.S. auto market finished 2024 with momentum, and despite some uncertainties, the current trajectory is positive. New-vehicle sales in 2024 finished near 16.0 million, according to estimates from Cox Automotive’s Kelley Blue Book, an … Continued

Cox Automotive’s Newest VinSolutions Artificial Intelligence Solution Can Turn Data Into Deals

4 min read

ATLANTA, Dec. 17, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, today introduces powerful, new Artificial Intelligence capabilities to its leading CRM solution VinSolutions. Using Predictive Insights with Generative AI (GenAI) capabilities, this proprietary CRM technology incorporates first-party behavioral data from Cox-owned marketplaces Autotrader, Kelley Blue Book and Dealer.com.  As a result, … Continued

Cox Automotive Forecast: Driven by a Strong Q4 and a Post-Election Boost, U.S. Auto Sales Beat Expectations in 2024, Expected to Finish Above 15.8 Million, Best Result Since 2019

4 min read

Updated, Jan. 6, 2025 – New-vehicle sales in 2024 finished near 16.0 million, according to estimates from Cox Automotive’s Kelley Blue Book, an increase of just over 2% from 2023 and the best year for volume since the pandemic. Total new-vehicle sales ended the year strong, just above the Cox Automotive new-vehicle sales forecast. Nearly … Continued

Optimism on the Rise Among Auto Dealers Following Decisive Election Results, Says Cox Automotive Q4 2024 Dealer Sentiment Index

7 min read

ATLANTA, Dec. 11, 2024 – The Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI) reveals renewed optimism among U.S. automobile dealers. The latest survey, conducted immediately following the national election in early November, indicates that while current market conditions are still viewed as weak, dealers are increasingly optimistic about the future. “The recent resolution of … Continued

Cox Automotive Forecast: November New-Vehicle Sales Pace Holds Steady as Market Appears Poised to End 2024 on a Strong Note

4 min read

Updated, Dec. 4, 2024 – U.S. auto sales in November 2024 beat expectations, showcasing strong momentum as the year approaches its close. While initial forecasts anticipated a sales pace of 16.0 million with a volume of 1.32 million vehicles, the latest data suggests the industry is on track to hit a seasonally adjusted annual rate … Continued

Cox Automotive Announces the Departure of Dale Pollak, Founder of vAuto, at the End of 2025

2 min read

ATLANTA, Nov. 21, 2024 – Cox Automotive announced today that Dale Pollak, executive vice president and the founder of vAuto, will leave the company at the end of 2025. Throughout next year, Pollak will focus on transitioning key customer relationships and his industry-leading thought leadership, as well as continue his National Automobile Dealers Association (NADA) … Continued