WWD exists to support women in the automotive industry, where female team members are often greatly outnumbered by men. Early this year, members of the Cox Automotive team decided to take on the challenge of climbing Mount Kilimanjaro, in order to prove female strength and resilience within the industry and beyond. There were 33 applicants … Continued

Millennials could find themselves navigating an economic downturn for the first time in their professional lives, particularly if growth remains anemic, according to James Chessen, chief economist for the American Bankers Association. Most economists — including Chessen — aren’t forecasting a recession later this year or even next year. But they’re not expecting robust job … Continued

The car search website motors.co.uk said it had found a 22 per cent increase in the proportion of phone inquiries made by consumers to dealers between 6pm and 8pm from April to June this year – the second quarter – compared with the first quarter of between January and March. Read more›

There will be about 500,000 additional off-lease vehicles this year compared to last, according to data shared in a media conference call with top analysts from Cox Automotive. And off-lease volume is only expected to run higher in 2018 and 2019, Kelley Blue Book senior analyst Alec Gutierrez said during the call. With half-a-million more … Continued

DETROIT — While consumers purchase many items online without a second thought, the prospect of a “click to buy” button on dealership sites “scared consumers to death,” says Cox Automotive COO Mark O’Neil. “They weren’t thinking of it as ‘quick and easy,’ but ‘handcuffs and shackles,’ ” he said. They feared getting locked into a … Continued

The trend of dipping auto sales, while still high by historic standards, is expected to continue in the second half of 2017. It’s one of the highlights from an overview of industry trends at the midpoint of the year provided by Cox Automotive analysts Wednesday in Detroit and one of several things to watch going … Continued

Most days, the Nissan Rogue in their South Jersey driveway is “just the right fit” for Lori Reynolds and her family. “But for our coming trip to upstate New York, I’m thinking we’ll trade it in for a Chrysler Town and Country minivan, so the kids will have more leg room.” And when hubby Keith … Continued

In the past, Manheim has hosted mobile auctions in some pretty unique locations — dealership lots, convention centers, NASCAR race tracks, even a minor league baseball park — but the company insisted the latest location tops them all. Recently, Manheim UK held what is believed to be the first vehicle auction at sea. The unique … Continued

While consumers purchase many items online without a second thought, the prospect of a “click to buy” button on dealership sites “scared consumers to death,” says Cox Automotive COO Mark O’Neil. “They weren’t thinking of it as ‘quick and easy,’ but ‘handcuffs and shackles,’ ” he said. They feared getting locked into a deal or … Continued

Automakers are steadily increasing incentive spending, as U.S. light-vehicle sales continue to slow heading into the second half of 2017. ALG reports automakers spent an average of $3,550 per new vehicle sold in June, up 9.7 percent from a year ago. The average discount is expected to account for 10.8 percent of the average transaction … Continued