ATLANTA, April 27, 2020 – Historic lows are expected in April as the full effects of COVID-19 are felt across the U.S. auto market for the entire month. According to a forecast released by Cox Automotive, new light-vehicle sales volume is expected to finish near 620,000 units, down 53% compared to last April and down 37% … Continued
CBT News, April 27, 2020 – As part of the CBT Network’s ongoing coverage of the coronavirus, three of Cox Automotive’s top industry economists and analysts including Jonathan Smoke, Charlie Chesbrough and Zo Rahim joined Jim Fitzpatrick for a wide-ranging discussion on the U.S. auto market. In this segment, the panel discusses how things have progressed over the … Continued
On today’s show, CBT News continues its coronavirus coverage by speaking with Dale Pollak, founder of vAuto and executive vice president at Cox Automotive. Dale and Jim Fitzpatrick discuss Dale’s open letter to the auto industry, managing inventory, how Cox Automotive is helping dealers maintain their success during the coronavirus outbreak, and more. Watch the interview.
Cox Automotive has launched Dealer Forward: Reimagining Automotive Retail, a weekly panel discussion that focuses on building resilience in three key auto retail areas which airs on CBT Automotive Network. The first episode features Lori Wittman, senior vice president of dealer software and James Maynard, senior vice president of product development at Cox Automotive. They … Continued
Automotive News, April 6, 2020 – Karl Brauer, executive publisher at Kelley Blue Book, joins Shift: A podcast about mobility to discuss how the COVID-19 pandemic compares to the Great Recession, what automakers and suppliers can learn from crisis and how it will make the industry more digital. Listen here.
ATLANTA (April 7, 2020) – Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.1% month over month in March. This brought the Manheim Used Vehicle Value Index to 141.9, a 4.4% increase from a year ago. With increases in the weekly Manheim Market Report (MMR) prices starting at the end of … Continued
This summary of information related to the Cox Automotive response to COVID-19 will be updated regularly as the situation evolves. – COVID-19’s Economic Impact on U.S. Auto Sales April 7, 2020: Cox Automotive’s Chief Economist, Jonathan Smoke, provides continuing coverage of the impact on the automotive industry from his home studio in Atlanta, GA. … Continued
CBT News, April 6, 2020 – As part of the continuing coverage of the coronavirus, CBT News is pleased to welcome back Zo Rahim, Manager of Economics and Industry Insights at Cox Automotive. In this segment, Zo and Jim Fitzpatrick discuss monthly sales totals and predictions for the auto retail industry as it works through … Continued
Auto Remarketing, April 6, 2020 – Amid the COVID-19 pandemic, the vehicle showroom has become a virtual one. And car dealers, like many other businesses, are having to shift their business to a mostly digital one. With that in mind, Cox Automotive’s Mo Zahabi joins Senior Editor Joe Overby on the Auto Remarketing podcast to … Continued
Cox Automotive Chief Executive Officer Sandy Schwartz joins Automotive News Publisher Jason Stein for a daily podcast about the coronavirus crisis. Stein and Schwartz discuss how the virus is impacting and reshaping the automotive industry. Schwartz provides details on how Cox Automotive and its family of brands are supporting clients during the current COVID-19 pandemic. Listen to … Continued