icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube

Another CPO sales record this year?

Automotive News, Feb. 25, 2019 — Certified pre-owned vehicle sales topped 2.7 million units last year, a rise of 2.1 percent over 2017, according to the Automotive News Data Center. It marked an eighth-straight year of record sales. Zo Rahim, research manager for Cox Automotive, sees 2019 as potentially a ninth record-breaking year: Cox is … Continued

The Outlook For Auto Tariffs, Affordability And EVs Isn’t So Rosy

Forbes, Feb. 20, 2019 — There was no warning about an impending falling of the sky, but no one would have blamed those listening to presentations from a panel of auto industry analysts from at least thinking of taking cover. Speaking before an audience of representatives from a number of auto companies and suppliers, the presenters … Continued

Why Rivian May Be a Threat to Tesla

CNBC, Feb. 13, 2019 — Michelle Krebs of Autotrader and Jessica Caldwell of Edmunds join CNBC’s “Power Lunch” team to talk about a report from Reuters about Amazon and GM in talks to take stake in Rivian, an electric car maker. Krebs explains why Rivian investing in pickup trucks is so intriguing. She says building on … Continued

NY Fed: Auto loan delinquencies at highest point since 2010

Associated Press, Feb. 12, 2019 — Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York. More than 7 million Americans were 90 or more days behind on their car loans at the end of last year, 1 … Continued

CPO car sales slow in January, but 2019 likely another record year

Auto Remarketing, Feb. 7, 2019 — There was a bit of a slow start for the certified pre-owned car market at the outset of 2019, but that comes off what was the eighth straight record year of sales. According to Cox Automotive, there were 2.70 million CPO sales in 2018, a 2.1-percent year-over-year gain. This … Continued

January New Light-Vehicle Sales Slide 1 Percent

Automotive News, Feb. 4, 2019 — As one of the lowest-volume months for new U.S. light-vehicle sales, January is seldom the best barometer of how the year will pan out. But surging interest rates on auto loans and steadily rising vehicle prices make clear that automakers will be hard-pressed to produce sales gains in 2019. … Continued

Four Predictions for the Future from Cox Automotive’s Mobility Study – Isabelle Helms, VP Research and Market Intelligence

CBT News, Jan. 31, 2019 — As we settle into 2019, alternative vehicle ownership continues to increase in popularity with consumers. Here to guide us through this emerging market is Isabelle Helms, vice president of research and market intelligence for Cox Automotive. In today’s segment, Jim Fitzpatrick and Isabelle discuss the final chapter of the … Continued

Part II: Auto wholesale ‘is going digital,’ but big role for brick-and-mortar

Auto Remarketing, Feb. 1, 2019 — In Part 11 of the Auto Remarketing article, “Auto wholesale ‘is going digital,’ but big role for brick-and-mortar,” Grace Huang, who is president of the Cox Automotive Inventory Solutions group that includes the Manheim auctions, said she sees a lot of opportunity for auto auctions when it comes to … Continued

Part I: Auto wholesale ‘is going digital,’ but big role for brick-and-mortar

Auto Remarketing, Feb. 1, 2019 — There wasn’t any “grand announcement” from Cox Automotive when Sandy Schwartz took the floor at an NADA Show 2019 press conference here late last month. Rather, Cox Automotive was touting a range of projects in the hopper designed to “make a difference in the future of dealers,” said Schwartz, the … Continued

The Tesla Conundrum: The Brand is Gold, the Financials are Not

Tesla released fourth-quarter and full-year 2018 financial results today that illustrate the electric-vehicle maker faces formidable challenges, compounded by the fact that numerous new EV competitors are gunning for Tesla with new models.  But where Tesla excels is in strength of its brand and shopping consideration in the electric vehicle segment, according to Cox Automotive … Continued