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How Subscription Services Can Create More Predictable Revenue Streams for Your Dealership – Vince Zappa, Clutch Technologies

CBT News, Jan. 24, 2019 — The buzz surrounding car subscription services in 2018 has continued full speed ahead into 2019. With more millennials looking for alternative vehicle ownership options, and the appeal of not being tied down to one car, subscriptions services are only expected to increase in popularity this year. On today’s show, … Continued

Manheim Express, vAuto Provision Integrate Apps, Enabling Dealers to Quickly List Vehicles in the Wholesale Marketplace

ATLANTA, Jan. 24, 2019 – For years, vAuto’s Provision has provided dealers actionable insights on valuing consumer trade-ins, and thanks to a new integration with Manheim Express, they can now act even faster to list vehicles in the wholesale marketplace. As the first integration between two Cox Automotive mobile apps, this seamless connection brings dealers … Continued

Growing Transportation Services Will Hurt Retail Auto Sales, Study Says

Burgeoning transportation alternatives eventually could claw into traditional vehicle ownership, according to the latest installment of the Cox Automotive Evolution of Mobility Study. Other studies indicate Americans appear loath to give up their personal vehicles, but the Cox study says retail auto sales in the U.S. could drop nearly 30% as alternatives to traditional ownership … Continued

Enhanced Manheim Express Mobile App Helps Dealers Make Smarter, Faster Buying Decisions

ATLANTA, January 22, 2019 – As dealers look for more efficiencies, Manheim continues to invest in its digital marketplace to help them buy and sell vehicles wherever and whenever it makes the most sense for them. At NADA 2019, Manheim will showcase a new addition to the Manheim Express app—an in-app buyer experience that helps … Continued

AI tools can help manage inventory and boost profitability

Automotive News, Jan. 21, 2019 — A computer almost always knows better than a human, artificial intelligence proponents say, but many car dealers have to see it to believe it before they can get comfortable handing certain tasks off to a machine. John Malishenko, director of operations for Germain Motor Co., went through that at … Continued

More mobility choices, fewer new-vehicle retail sales, Cox Automotive study predicts

If car-sharing, ride-hailing and car-subscription services were as widely available as traditional car ownership through purchases and leases, consumers would rely “significantly less” on traditional car ownership and new-vehicle retail sales could tumble much as 29 percent. Conversely, fleet sales would increase. So predicts Phase 3 of Cox Automotive’s Evolution of Mobility Study, outlined Sunday … Continued

Economist: Auto industry could create the next recession

The North American International Auto Show in Detroit will once again give car lovers reasons to brave the crowds and the cold, such as a chance to see the 2020 Ford Shelby GT 500 in the steel flesh. But the auto show’s backstory is clouded by potential economic stumbling blocks at every corner — ranging … Continued

Retail Auto Sales to Drop Further as Alternatives to Ownership Become More Accessible and Affordable, According to Final Phase of Cox Automotive Evolution of Mobility Study

ATLANTA, January 17, 2019 – Retail auto sales in the U.S. could drop as much as 29 percent as alternatives to traditional vehicle ownership becomes more accessible and affordable, decreasing the amount of miles consumed by personally owned vehicles. This is the key finding in Phase No. 3 of the Cox Automotive Evolution of Mobility … Continued

Cox Makes Way For Mobility Fleet Servicing

Automotive News, Jan. 14, 2019 — Cox revamped its 25-acre Manheim Metro Atlanta auction site for its new brand, Pivet. A Manheim auction site in Atlanta has been revamped as the flagship hub for present-day fleet servicing and forward-looking mobility solutions. For Cox Automotive, the long-touted promise offered by mobility fleet servicing is big enough … Continued

Introducing Pivet: Cox Automotive Mobility Group Unveils New Brand for Industry-First Mobility Fleet Services Network

ATLANTA, Jan. 14, 2019 – Six months after the formation of a new business unit focused on enabling next-generation transportation, the Cox Automotive Mobility Group unveils a distinct brand to illustrate the division’s integrated solution of forward-looking fleet services. Constructed to include both physical locations and mobile vehicle management solutions, Pivet connects industry-leading Cox Automotive … Continued