ATLANTA, Feb. 5, 2024 – Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Tina Miller, senior vice president and chief financial officer, at Lithia and Driveway, headquartered in Medford, Ore., one of the largest global automotive retailers with more than 300 locations across North America and the United Kingdom. Named … Continued
ATLANTA, Feb. 2, 2024 — Cox Automotive announces the enhancement of the Dealertrack Compliance solution through the addition of a new Synthetic ID fraud indicator, which will help protect dealers against fraudulent transactions earlier in the F&I process. The new Synthetic ID Fraud Alert integrates with trusted technology from Equifax, using patent-pending machine-learning algorithms, coupled with … Continued
ATLANTA, Feb. 2, 2024 – Cox Automotive’s VinSolutions has become a data integration partner in FordDirect’s CRM Choice program. Ford Dealers and Lincoln Retailers will be able to gain access to FordDirect data directly within VinSolutions CRM to maximize sales and optimize leads. The integrations will include key elements, such as inventory, incentives, and private offers. … Continued
ATLANTA, Jan. 31, 2024 – Cox Automotive’s annual Car Buyer Journey (CBJ) Study reveals that satisfaction with the vehicle shopping and buying experience improved in 2023 after declining in both 2021 and 2022. This is good news for automobile dealers, who will gather in Las Vegas starting Thursday, February 1, for the National Automobile Dealers Association’s … Continued
ATLANTA (Jan. 31, 2024) – Committed to being the world’s best battery health innovator and end-to-end solutions provider for electric vehicles, Cox Automotive today announced the opening of its new EV Battery Solutions service center in Conyers, Ga. The growth of Cox Automotive’s global EV battery service network in the Southeastern United States comes at a time … Continued
ATLANTA, Jan. 31, 2024 – Cox Automotive today announced the availability of its annual Dealertrack Compliance Guide for 2024. Now in its 19th edition, the Dealertrack Compliance Guide is a trusted resource that provides dealers with the latest compliance insights and best practices to help them navigate the complexity of auto regulatory expectations and consumer … Continued
New-vehicle sales in January came in lower than the Cox Automotive forecast, as a likely pullback from hotter-than-expected sales in December and colder-than-expected weather across much of the country in the middle of the month combined to hold consumers back. Total new-vehicle sales in January are now estimated at 1.08 million, below our forecast of … Continued
ATLANTA – January 25, 2024 – Cox Automotive is again doubling down on its commitment to vehicle logistics, investing more than $100 million to revolutionize the vehicle transport industry through technology. This investment will transform the company’s industry-leading brand, Central Dispatch, from a matchmaking service that connects shippers and carriers into a fully integrated automotive … Continued
ATLANTA, Jan. 23, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, will occupy the largest exhibition space at NADA Show 2024, which is being held February 1-4 at the Las Vegas Convention Center. The National Automobile Dealers Association’s annual convention routinely attracts tens of thousands of dealers and guests and is a … Continued
In this episode of the Used Car Dealer Podcast, Zach Klempf interviews Jeremy Robb, senior director of Economic and Industry Insights at Cox Automotive. They delve into the dynamic shifts in the automotive market, focusing on the trends and challenges of 2023, the evolving landscape of used vehicle values, the critical role of data in … Continued