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Cox Automotive Dealer Sentiment Index – Fourth Quarter 2018 12/10/2018 Derived from a quarterly survey that Cox Automotive issues to a representative sample of franchise and independent auto dealers, the Cox Automotive Dealer Sentiment Index measures dealer perceptions of current retail auto sales and sales expectations for the next three months as “strong,” “average” or “weak.” The survey also asks dealers to rate new-car sales and used-car sales separately along with a variety of key drivers… Read Article

Dealer Sentiment Index Jonathan Smoke Commentary & Voices Economy & Trends

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Ford and VW Announce Global Alliance 01/15/2019 Today, Ford and VW announced a global alliance. Our analysts and editors at Kelley Blue Book and Autotrader had some thoughts to share. If you wanted to chat with one of our analysts or editors, please don’t hesitate to contact us. From Michelle Krebs, executive analyst at Autotrader: “The industry likely will see more kinds of collaboration like the one announced today by Ford and VW.… Read Article

Market Insights Commentary & Voices

Auto Market Weekly Summary 01/14/2019 The government shutdown and a major auto show are the focus of information and data gathering this week. Looking ahead: This week we’ll be monitoring news from the North American International Auto Show in Detroit and the events surrounding it. We will also review fresh data on new home construction and sales, retail sales, and consumer sentiment. Last week’s recap: The government shutdown is hindering our… Read Article

Market Insights Smoke on Cars

Cox Makes Way For Mobility Fleet Servicing 01/14/2019 Cox revamped its 25-acre Manheim Metro Atlanta auction site for its new brand, Pivet. A Manheim auction site in Atlanta has been revamped as the flagship hub for present-day fleet servicing and forward-looking mobility solutions. For Cox Automotive, the long-touted promise offered by mobility fleet servicing is big enough to support a new brand and the conversion of one of its traditional auction locations -- and… Read Article

News Coverage

Introducing Pivet: Cox Automotive Mobility Group Unveils New Brand for Industry-First Mobility Fleet Services Network 01/14/2019 ATLANTA, Jan. 14, 2019 – Six months after the formation of a new business unit focused on enabling next-generation transportation, the Cox Automotive Mobility Group unveils a distinct brand to illustrate the division’s integrated solution of forward-looking fleet services. Constructed to include both physical locations and mobile vehicle management solutions, Pivet connects industry-leading Cox Automotive brand Manheim and national mobile car care company RideKleen, as well… Read Article

Press Releases

Leases, used car sales could be hurt by tax refunds: What to know 01/13/2019 The warnings flashed a few years back: 2019 was to be a year of the "lease tsunami." A glut of cars, trucks and SUVs leased a few years ago are set to come off three-year leases and return to dealer lots, driving down used car prices. In 2019, we're expected to hit a peak of 4.1 million returns of leased vehicles. The threat of a tsunami… Read Article

News Coverage

Taxpayers May Be in for a Surprise This Spring 01/11/2019 The auto market and the broader economy depend on a seasonal bump provided by the more than 100 million Americans who receive tax refunds each spring. This spring, however, could be very different. Due to last year’s tax reform, some consumers may be surprised to learn they are receiving no tax refund, a smaller one than they expected or, worse, they have to pay more to… Read Article

Market Insights Smoke on Cars Economy & Trends

Roller-Coaster Year for Used-Vehicle Values 01/09/2019 We released December Manheim Used Vehicle Value Index (MUVVI) yesterday and closed the door on what was a truly remarkable year for used-vehicle values. As we started the year, we told you to expect a 3 percent increase in the MUVVI in 2018, and we told you to expect a roller coaster ride with weakness in Q1 and strength in Q2. The call on the roller… Read Article

Market Insights Smoke on Cars Economy & Trends

Fleet sales drive strength in the new vehicle market for 2018 01/09/2019 Fleet sales finished 2018 up 7 percent versus 2017. The strongest-gaining fleet channel was commercial, which increased 8.8 percent in 2018 versus the prior year. Corporate tax reform had a positive effect on fleet sales in 2018. With more money to spend, some companies moved to update their fleets. Commercial fleet sales were strong throughout 2018, and rental fleet volume was up over 100,000 units versus… Read Article

Market Insights Data Point

Used-Vehicle Wholesale Prices Continue Retreat From Record Highs 01/08/2019 ATLANTA (Jan. 8, 2019) – Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.03 percent month-over-month in December. This brought the Manheim Used Vehicle Value Index to 137.6, a 4.3 percent increase from a year ago, and down from its record high of 140.9 in October. The Manheim Used Vehicle Value Index (MUVVI) is updated monthly using data from Manheim, North America’s… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Press Releases

Wholesale Prices Retreat From Record High 01/08/2019 Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.32 percent month-over-month in November. This brought the Manheim Used Vehicle Value Index to 139.0, a 3.3 percent increase from a year ago. The Manheim Used Vehicle Value Index (MUVVI) is updated monthly using data from Manheim, North America’s largest wholesale used-vehicle marketplace and most extensive auction network. By applying statistical analysis to… Read Article

Wholesale Manheim Used Vehicle Value Index Used Car Market Insights Data Point

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