Auto Remarketing, March 12, 2019 — Ben Flusberg, associate vice president of M LOGIC, says his company has been helping clients make smarter, real-time decisions for a long time. “But now, M LOGIC combines efforts across Manheim to provide even better solutions that help our wholesale clients take action for faster transactions and greater profitability,” … Continued
ATLANTA, March 12, 2019 – M LOGIC is a suite of decisioning products from Manheim that brings the power of Manheim and Cox Automotive data and insights to wholesale clients in a valuable way. The goal is to put Cox Automotive’s data to work for clients by adding science to the art of profitable decision-making. … Continued
Automotive News, March 11, 2019 — With a timer ticking on President Donald Trump’s tariff decision, franchised dealers are bracing for a negative impact to their business, according to the latest Cox Automotive Dealer Sentiment Index survey. The survey gauges dealers’ perceptions of the last 90 days and expectations for the next three months. It identifies … Continued
ATLANTA, March 11, 2019 – According to data from the Q1 2019 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. auto dealer sentiment rebounded this quarter from the low level recorded in the last quarter of 2018, but the overall current market index remained in negative territory. The current market index rose to 48, up … Continued
The Hill, By Michelle Krebs, March 8, 2019 — The final Chevrolet Cruze sedan rolled down the assembly line at General Motors’ Lordstown, Ohio, plant on Wednesday, putting 1,500 workers out of work or looking for transfers and leaving local officials scrambling for ways to re-open the plant. Located midway between Cleveland, Ohio and Pittsburgh, … Continued
Flashpoint on Detroit’s WDIV Channel 4, March 3, 2019 — The state’s newly elected leader is days away from delivering her first budget that will provide details on funding to fix Michigan roads. Michigan Gov. Gretchen Whitmer made an appearance on Flashpoint Sunday and discussed the budget. Fiat Chrysler recently delivered the kind of news Detroiters feared they would not … Continued
ATLANTA, Feb. 25, 2019 – According to a forecast released today by Cox Automotive, new-vehicle sales pace in February is expected to rise to 17.1 million units, an increase from January’s weak, weather-impacted 16.6 million level. The pace should also rise modestly over last February’s 16.9 million, which was the slowest in the first half of … Continued
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
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
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