Cox Automotive Inc.

Used Car Dealer Podcast Episode 66: Digital Advertising, Inventory Strategies and Customer Retention for Used Car Dealers

1 min read

In this episode of the Used Car Dealer Podcast, Zach Klempf interviews two special guests from Cox Automotive: Jade Terreberry (senior director, Strategic Planning & Business Development) and Micah Tindor (senior director, Strategic Planning for Kelley Blue Book ICO). They cover a range of topics relevant to today’s used car market, from digital advertising strategies … Continued

Cox Automotive Introduces Retail360

6 min read

ATLANTA, Sept. 30, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, today announces Retail360 – a comprehensive suite of tools that enables the industry’s only true omnichannel experience. Omnichannel connects the entire auto retail ecosystem along every step of the car-buying and owning journey – an industry first that finally creates … Continued

Cox Automotive Leaves 2024 New-Vehicle Sales Forecast Unchanged as September Volume Drops; Year-to-Date Sales Up Less Than 1% Compared to 2023

5 min read

Updated, Oct. 3, 2024 – New-vehicle sales in September came in near 1.17 million, down 12.8% year over year and roughly in line with the Cox Automotive forecast of 1.19 million. Thanks to seasonal adjustments, the new-vehicle sales pace, or seasonally adjusted annual rate (SAAR), was 15.8 million in September, lower than the forecast of 15.9 … Continued

U.S. Automobile Dealer Sentiment Stumbles in Q3 as Political Climate Heats Up

8 min read

ATLANTA, Sept. 6, 2024 – The Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) shows automobile dealers in the U.S. continue to view the market as weak. The overall Q3 market sentiment index dropped to a score of 40, down from 42 in Q2 and 45 from a year ago, signaling a weakened market sentiment. … Continued

Cox Automotive Forecast: August U.S. Auto Sales Show Stability Amid Seasonal and Labor Day Boost

5 min read

Updated, Sept. 6, 2024 – New-vehicle sales volumes increased month over month and year over year in August, as forecast by Cox Automotive. Year-over-year sales volumes last month are now estimated at 1.42 million, slightly lower than our team’s 1.44 million forecast. Indications are that fleet sales were notably lower year over year – down by … Continued

Autotrader Releases ASMR Road Trip Playlist for Dogs to Celebrate National Dog Day, Teams Up with Country Singer Walker Hayes

4 min read

ATLANTA, Aug. 26, 2024 – No road trip is complete without a furry companion in tow, but just like people, some dogs are anxious during long car rides. According to Dr. Veronica Higgs, Veterinary Services Manager with Chewy, “Car anxiety can be portrayed differently depending on the dog, including refusal to get into the car, … Continued

Central Dispatch® Unveils Fully Integrated Transportation Marketplace for Clients, Lays Foundation for the Future

5 min read

ATLANTA – August 16, 2024 – On its journey to transform the vehicle transportation experience for shippers, brokers and carriers, Central Dispatch today unveiled its completely reimagined marketplace. Built with client feedback top of mind, this significantly enhanced experience simplifies transportation management by providing shippers, brokers and carriers everything they need to complete the transaction … Continued

Cox Automotive Announces Expanded Leadership Role for Ken Kraft

4 min read

ATLANTA, Aug. 6, 2024 – Cox Automotive today announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft. In addition to his current marketing responsibilities, Kraft will lead the company’s sales organization. He will continue to report to Cox Automotive President Steve Rowley and remain a member of the executive … Continued

Cox Automotive’s Power of Data Study Reveals While Data Insights Provide Value to Heavy Users, Most Dealers Still Experience Data Challenges

4 min read

ATLANTA, July 30, 2024—Today’s automotive dealers know there is power in data, but they struggle to extract actionable insights from it, according to Cox Automotive’s 2024 Power of Data study. Capturing feedback and perspective from franchise dealers and their management, the study reveals dealers are facing challenges putting data to use. However, the study also … Continued

CDG Podcast: Dealer Tech Expert: How Car Buying is Evolving

1 min read

Chase Abbott, vice president of Sales at Cox Automotive, joins this Car Dealership Guy Podcast episode to discuss how car buying is evolving, the future of dealership technology stacks, the #1 killer of car deals and the secret playbook to getting a dealership’s attention.