Jeff Gilbert is a automotive reporter at WWJ-AM. He is host of WWJ-AM’s “The Car Chronicles,” which runs every afternoon and covers automotives, the auto industry, vehicles and news in auto. His weekly podcast “Tales from the Auto Beat” ran on June 1, 2018. In this episode, he took a deep dive into Fiat Chrysler’s … Continued
Each month automotive industry experts from Cox Automotive and its brands host a sales day commentary call to provide insights into the previous month and to answer media questions related to market movement. The audio for the most recent call which covers the May selling month is available. Listen › Automakers today reported May 2018 … Continued
We’ve all seen at least one CarMax superstore making a large blue and yellow presence on the side of the road somewhere. The giant used car seller is not slowing down – in fact, it plans to open dozens of new stores within the next few years – but neither are other used vehicle vendors … Continued
CARY, N.C. – The investment that Cox Automotive has made in consumer mobility over the last handful of years continued with a major move on Thursday. The company is the lead investor in a $28.61 million Series B funding round for Ridecell, a software platform used to run mobility services like carsharing, ridesharing and autonomous … Continued
ATLANTA — U.S. new-vehicle sales in May 2018 are expected to increase 3.1% compared to May 2017, according to a forecast released today by Cox Automotive. The seasonally adjusted annual rate (SAAR), projected at 16.6 million for this month, is expected to fall to its lowest level since August 2017. The forecast 16.6 million SAAR … Continued
ATLANTA — The automotiveIT International conference, which concluded here last Wednesday, highlighted the breadth of the challenges and opportunities in the auto industry as companies change processes, products and business models. Industry speakers at the two-day event said a bright future lies ahead if automakers and suppliers successfully manage to develop and start adopting new … Continued
ATLANTA, May 25, 2018 – U.S. new-vehicle sales in May 2018 are expected to increase 3.1 percent compared to May 2017, according to a forecast released today by Cox Automotive. The seasonally adjusted annual rate (SAAR), projected at 16.6 million for this month, is expected to fall to its lowest level since August 2017. The … Continued
ATLANTA (May 17, 2018) – There’s a lot of buzz these days about artificial intelligence (AI) and machine learning, usually coming from Silicon Valley high-tech giants. Thanks to RMS Automotive these revolutionary data science technologies are now being used within the vehicle remarketing industry to improve client performance. Combining powerful analytics with Cox Automotive’s industry-leading … Continued
If someone asked you to describe your typical auction experience, you might talk about waiting in lines, filling out seemingly endless paperwork and making trips to the bank. We know that every minute spent on those tasks is a minute not spent growing your business. Joe Wilkins of Wilkins Auto Sales and Wilkins Motor Company … Continued
Thanks mostly to two fewer selling days, used-car retail sales last month declined an estimated 2 percent from April 2017 — but they’re pacing ahead of year-ago figures and reached the highest SAAR yet in 2018, according to Cox Automotive. The seasonally adjusted annualized rate of used-car sales was at 39.7 million, company analysts estimate in … Continued