Press Releases | Newsroom | Cox Automotive

Cox Automotive Forecast: Tariff Concerns Drive New-Vehicle Sales Growth in April, As Inventory Tightens 04/23/2025 Updated, May 2, 2025 – New-vehicle sales in April finished near 1.46 million according to initial estimates, above even Cox Automotive’s positive forecast below. Our Industry Insights team had been expecting solid sales in April, spurred on by concerns of higher prices on the horizon. As expected, though, sales in April were lower than in March, as the early-in-the-month frenzy cooled off some as the weeks… Read Article

new-vehicle sales sales forecast SAAR Press Releases

FleetNet America Launches FleetNet EDGE to Equip Service Providers with Actionable Data and Industry Insights 04/22/2025 Cherryville, NC – April 22, 2025 – FleetNet America, a leader in fleet maintenance and repair management, is proud to announce the launch of FleetNet EDGE: Data and Performance Insights. This transformative new product is designed to empower service providers with data-driven tools, industry-specific intelligence and performance benchmarking capabilities. FleetNet EDGE was developed in direct response to the needs of today’s service providers. The offering addresses… Read Article

Press Releases

Trudell Trailer Sales Announces Name Change to Midwest Great Dane 04/10/2025 ATLANTA – April 10, 2025 – Trudell Trailer Sales, acquired by Cox Automotive in 2022, proudly announced its name change to Midwest Great Dane, leveraging the Great Dane brand deeper in the Midwest market. As one of the largest Great Dane dealer groups in the country, Midwest Great Dane and Northeast Great Dane create consistency across the dealerships, unlocking greater value for their teams and clients. With… Read Article

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Manheim Index Declines in March, But Wholesale Auto Auction Activity Increases as Tariffs Become Reality 04/07/2025 ATLANTA, April 7, 2025 – Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is a decrease of 0.2% from a year ago and also lower than the February levels. The seasonal adjustment caused the index to decline for the month, as non-seasonally adjusted values rose… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Cox Automotive Forecast: First Quarter New-Vehicle Sales Expected to Increase Year over Year as Market Momentum Shows Signs of Fading 03/26/2025 Updated, April 2, 2025 – Initial industry estimates of new-vehicle sales in March suggest nearly 1.56 million units were sold, beating the Cox Automotive forecast by a large margin; our team had expected volume in March to be 1.43 million, a decline from 2024 levels. In fact, sales in March were higher year over year and not just by a little. The seasonally adjusted annual rate (SAAR)… Read Article

new-vehicle sales sales forecast SAAR Press Releases

Spring Optimism Boosts U.S. Automobile Dealer Sentiment, Despite Weak Profits, Growing Costs 03/12/2025 ATLANTA, March 12, 2025 – The Q1 2025 Cox Automotive Dealer Sentiment Index (CADSI) reports that the U.S. automobile dealers’ view of current market conditions increased from an index score of 42 in Q4 2024 to 44 in Q1 2025. The survey, conducted in late January and early February, indicates an upward shift in dealer sentiment. The current market index score increased year over year. However,… Read Article

Cox Automotive Dealer Sentiment Index CADSI Press Releases

Cox Automotive Named One of Glassdoor’s Best Places to Work in 2025 03/05/2025 ATLANTA, March 5, 2025 – Cox Automotive, the world’s largest automotive services and technology provider, has been named one of Glassdoor’s Best Places to Work in 2025. This prestigious award highlights the exceptional workplace environment being cultivated across the company. Cox Automotive ranks No. 61 out of 100 on Glassdoor's Best Places to Work U.S. Large Companies list. “Being acknowledged as one of Glassdoor’s Best Places… Read Article

Press Releases

FleetNet America by Cox Automotive Doubles Down on its Commitment to Keep U.S. Fleets on the Road and Running Strong 02/27/2025 ATLANTA – Feb. 27, 2025 – FleetNet America by Cox Automotive will showcase its expanded offerings and industry leadership at the ATA Technology & Maintenance Council (TMC) Annual Meeting, in Nashville, Tenn., March 10-12. Driven to connect every vehicle with every service, FleetNet heads to the industry’s largest event celebrating its tireless and dedicated team and expanded offerings. FleetNet will continue its nearly 40-year legacy as… Read Article

Press Releases

Fleet Services by Cox Automotive Reinforces Commitment to Clients and Long-Term Industry Growth 02/27/2025 ATLANTA – Feb. 27, 2025 – Fleet Services by Cox Automotive will illustrate its industry leadership and journey ahead at the ATA Technology & Maintenance Council (TMC) Meeting in Nashville, Tenn. from March 10-12. By acquiring the remainder of the business earlier this year from minority owners Mike Dickinson and Ted Coltrain, Cox Automotive has doubled down on its long-term commitment to the fleet industry and… Read Article

Press Releases

Cox Automotive Forecast: New-Vehicle Sales in February Expected to Rebound After Slow January, 16.3 Million SAAR Anticipated 02/24/2025 Updated, March 4, 2025 – February new-vehicle sales likely finished slightly below the Cox Automotive forecast, with volume close to 1.22 million, lower than the forecast of 1.25 million. The initial February SAAR – the seasonally adjusted annual rate of sales, or sales pace – is now estimated at 16.0 million, ahead of January and the year-ago February pace, but the Cox Automotive Economic and Industry… Read Article

new-vehicle sales sales forecast SAAR Press Releases