Dealers, always an optimistic group, are supremely optimistic heading into the spring selling season. Federal tax changes appear to be the main reason. Those are some of the conclusions from the latest quarterly Cox Automotive Dealer Sentiment Index, released today, March 19. The results from a first-quarter survey of dealers “blew me away,” said Jonathan … Continued
OAKBROOK TERRACE, IL (March 16, 2018) – vAuto announced the addition of Offers to Stockwave, the company’s wholesale sourcing tool. Debuting at the 2018 NADA Show, Offers notifies Stockwave users of the right car at the right price at the right auction. With Offers, vAuto Stockwave clients can more effectively and efficiently source wholesale inventory that meets … Continued
The automotive wing of Cox Enterprises has chosen Las Vegas as a test market for new online services to cut time out of car purchases at dealerships. Cox has introduced the new features to its online car marketplace Autotrader.com for new and used cars at 24 local dealerships. Later this year, the company will add … Continued
ATLANTA – March 13, 2018 – The wait is over for dealers seeking to plan, forecast and analyze the impact of their digital marketing spend in one place. With less than two weeks until the 2018 NADA Convention and Expo in Las Vegas, Cox Automotive announces the anticipated release of nVision, the only integrated digital … Continued
OAKBROOK TERRACE, IL (March 12, 2018) – vAuto is announcing another industry first—Nexi, the automotive industry’s first Digital Assistant for dealerships. Nexi will debut at the 2018 NADA Show in Las Vegas. Through a skill for Amazon Alexa, available on Echo Devices, Nexi helps dealers access their inventory, sell cars and generate profit. The cloud-based service is … Continued
ATLANTA – March 12, 2018 – In Las Vegas, car buying is about to change. Las Vegas car shoppers are among the first in the U.S. with access to AccelerateSM, Cox Automotive’s new connected retail platform, now available across Autotrader and Kelley Blue Book’s KBB.com, offering a set of online tools to assist with the … Continued
Last fall, a robust research project involving Cox Automotive and Hireology uncovered how much personnel turnover costs dealerships as well as what characteristics stores should seek in new employees. Now, the National Automobile Dealers Association is strengthening its efforts to help dealerships stabilize and strengthen their human resources. On Friday, the NADA Foundation’s Board of … Continued
Sandy Schwartz is president of Cox Automotive, the world’s leader in vehicle remarketing services and digital offerings for auto dealers. He oversees Cox Automotive’s 25 brands that include Manheim (auctions), AutoTrader.com (vehicle listings), Kelley Blue Book (vehicle valuations and listings), Dealertrack (dealership-management systems and auto financing aggregation),VinSolutions (customer-relationship management systems), vAuto (inventory management), X-time (online service scheduling) … Continued
ATLANTA, March 6, 2018 – With awards season in high gear, Cox Automotive stepped into the spotlight, winning recognition across 10 different award categories in the DrivingSales’ 2018 Dealer Satisfaction Awards. Determined by the thousands of auto dealers who are members of the DrivingSales.com community, the DrivingSales Dealer Satisfaction Awards measure dealer satisfaction with vendor … Continued
Just over a month ago, Autotrader announced a revamp of the car-shopping site that, among other upgrades, would include online deal-making. That piece of the revamp would essentially allow consumers to start the buying process online through Autotrader and help transition them “from searching to buying when they are ready.” That project took a step … Continued