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DAILY DRIVE PODCAST: Cox Automotive’s Steve Rowley: ‘The future is bright for us’

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

Cox Automotive Forecast: Relatively Healthy Auto Sales Continue in January

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

Cox Automotive Hires Ken Kraft as Chief Marketing Officer

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

Cox Automotive Presents 16th Barbara Cox Woman of the Year Award and $10,000 Barbara Cox Scholarship

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

As the Car-Buying Process Moves Online, Satisfaction Climbs to an All-Time High

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

Cox Automotive Debuts Complete Retail Experience

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

Despite December Drop, Manheim Used Vehicle Value Index Ends 2020 Near Record High

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

Pandemic Sharpens Split Between Have and Have-Not Car Buyers

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

Cox Automotive Acquires Dickinson Fleet Services

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

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