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Car Buyers Report Higher Satisfaction When Using Digital Financing Tools, New Cox Automotive Study Shows 04/26/2022 ATLANTA, April 26, 2022 – Though only 29% of buyers applied for financing online for their most recent vehicle purchase, 96% of those surveyed are willing to do so, according to a new study published by Cox Automotive. The Cox Automotive Car Buyer Financing Journey Study revealed that buyers who completed key financing steps online saved time and were more satisfied with their time at the… Read Article

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Cox Automotive Dealer Sentiment Index: Signs of Optimism Among U.S. Automobile Dealers Despite a Slow Start to the Year 03/09/2022 ATLANTA, March 9, 2022 – Facing a slow start to the year, and with concerns over inflation and the economy, automobile dealer sentiment softened in Q1, marking the third consecutive quarter-over-quarter decline in current market sentiment. Still, at 57, the current market index remains above the positive threshold in the latest Cox Automotive Dealer Sentiment Index (CADSI). The index reading of 57 indicates that more U.S.… Read Article

Cox Automotive Dealer Sentiment Index CADSI Press Releases

Despite Inventory Shortage, High Prices, Overall Car Buyer Satisfaction Remains Near Record Levels, According to Cox Automotive Study 01/18/2022 ATLANTA, Jan. 18, 2022 – The 12th annual Cox Automotive Car Buyer Journey Study released today reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic. The latest Car Buyer Journey (CBJ) Study finds that the modest retreat from the record high set in 2020 was due mostly to lack of inventory and… Read Article

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Ten Predictions for 2022: Cox Automotive Looks Forward Into the Year Ahead 01/13/2022 During the Cox Automotive Q1 2022 U.S. Auto Sales Forecast and Industry Insights webcast held on Monday, March 28, Cox Automotive Chief Economist Jonathan Smoke provided a Q2 update to the Ten Predictions for 2022. ATLANTA, Jan. 13, 2022 – In the early days of 2022, the Cox Automotive Industry Insights team lays out 10 trends that will shape the auto industry in the year ahead. Overall,… Read Article

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Cox Automotive Mobility Takes Charge of EV Battery Lifecycle Services With Global Acquisition 09/01/2021 ATLANTA (September 1, 2021) – Focused on being the world’s best end-to-end caretaker for the electric vehicle (EV) future from storage and logistics to remanufacturing, reuse and pre-treatment recycling, Cox Automotive Mobility today announced a foundational investment for its new global EV battery service network with the acquisition of Spiers New Technologies (SNT), a leading service provider for EV battery lifecycle management. As EVs take center stage, battery production, health… Read Article

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Used Car Dealer Podcast Episode 37: Interview with Randy Kobat, Vice President of Inventory Management Solutions at Cox Automotive 04/19/2022 In this Used Car Dealer Podcast episode, Zach Klempf interviews Randy Kobat, vice president of Inventory Management Solutions at Cox Automotive. Randy discusses the latest developments from NADA, how Upside and Kelley Blue Book Instant Cash Offer help used car dealers, as well as general discussion around inventory management. He also touches on the Cox Automotive Ten Predictions for 2022. Watch this Episode. Listen to the… Read Article

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Podcast: Digital Retail with Lori Wittman & Paulo de Silva of Cox Automotive 03/21/2022 Auto Remarketing Podcast, March 21, 2022 – Next up in our NADA Show 2022 podcast series, Lori Wittman and Paulo da Silva of Cox Automotive join the Auto Remarketing Podcast, where they chat with senior editor Joe Overby about the company's Esntial Commerce platform and their work providing digital retail solutions to dealers. In related news, the Titus-Will Automotive Group said Monday that it has launched… Read Article

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Podcast: The Intersection of EVs & Auto Auctions 03/17/2022 Auto Remarketing Podcast, March 17, 2022 – Next up on our NADA Show podcast series, Cox Automotive Mobility president Joe George and Manheim president Grace Huang sit down with Auto Remarketing senior editor Joe Overby to discuss how electric vehicles — one of the most popular topics at the convention in Las Vegas — and auto auctions intersect. They look at how Cox is preparing for an EV future,… Read Article

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Cox Automotive’s Grace Huang and Brad Burns on Improving the Digital Wholesale Buying Process for Auto Dealers 03/16/2022 CBT News, March 16, 2022 – At this year’s NADA Show in Las Vegas, CBT News anchor Jim Fitzpatrick had a chance to speak with Grace Huang, President of Inventory Solutions Group at Cox Automotive, and Brad Burns, AVP of Vehicle Information at Manheim. What they cover: How Manheim and Fyusion are making the digital wholesale buying experience better and easierThe vital importance of inventory condition reports and imagingManheim’s… Read Article

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Commentary: 3 Questions for Car Dealers More Important Than ‘How Many and How Much?’ 03/14/2022 Automotive News, March 14, 2022 – Brian Finkelmeyer, new-car strategist at Cox Automotive, writes in a commentary piece in Automotive News about three areas of opportunity that deserve more attention than "How many and how much." In this article, Finkelmeyer explains that making a lot of money in the current environment doesn't necessarily mean dealers have maximized their financial results. He addresses three additional metrics that… Read Article

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Podcast: Jonathan Smoke Shares His Take on 2022 Used-Car Market 01/21/2022 Auto Remarketing Podcast, Jan. 21, 2022 – Cox Automotive chief economist Jonathan Smoke is back on the show to help make sense of the mixed signals that wholesale vehicle prices have shown at the start of 2022. Plus, Auto Remarketing editor Joe Overby and Smoke talk about the growth in what Cox Automotive has dubbed "New Form Online Retailers" and all things used cars. Listen to… Read Article

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Commentary: 3 Growth Opportunities for Independent Dealers in 2022 01/19/2022 Auto Remarketing, Jan. 19. 2022 – Scott Maybee, president of NextGear Capital, writes in an opinion piece about the distinct challenges and unique opportunities that he expects independent dealers to face in the year ahead. In this article, Maybee also offers his take on how independents can continue to evolve in order to take advantage of growth opportunities in the current market. He acknowledges that there… Read Article

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Podcast: Setting the 2022 Course with Manheim President Grace Huang 01/04/2022 Auto Remarketing Podcast, Jan. 4, 2022 – In the first episode of the Auto Remarketing Podcast of 2022, Manheim president Grace Huang joins the show to look back at the big themes in the auction industry from 2021, while also outlining Manheim's goals for 2022. Huang and Auto Remarketing editor Joe Overby discuss digital wholesale, electrification of the vehicle fleet, industry consolidation and much more. Huang's 2021… Read Article

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Supply Chain Issues and the Auction Industry, Part 2 | Kevin Chartier, Manheim 12/21/2021 Tha Auction Advocate, Dec. 20, 2021 – In part two of a podcast series on supply chain issues and the auction industry, Kevin Chartier from Manheim sits down with National Auctioneers Association Director of Marketing & Communications Erin Shipps to talk about the effects on the auto auction industry. Listen to the Podcast. Read Article

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Podcast: Manheim Logistics VP Joe Kichler 11/23/2021 Auto Remarketing Podcast, Nov. 23, 2021 – Joe Kichler, vice president of Manheim Logistics, joins the Auto Remarketing Podcast in an on-site episode from Used Car Week earlier this month. Kichler and Auto Remarketing senior editor Joe Overby talk about Manheim's partnership with DHL, the transportation space and much more. Listen to the Episode. Read Article

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