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Head of the Class: Ford, Mercedes-Benz Named Valedictorians in New Retail Brand Scorecards Study 01/24/2019 SAN FRANCISCO, Jan. 24, 2019 – As auto dealers from across the country gather in San Francisco for the annual NADA convention, top honors were given to Ford and Mercedes-Benz in the non-luxury and luxury categories, respectively, in a new study released today. The comprehensive study measures and compares core brand attributes that most impact dealer performance. The Retail Brand Scorecards are compiled by Cox Automotive… Read Article

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Retail Auto Sales to Drop Further as Alternatives to Ownership Become More Accessible and Affordable, According to Final Phase of Cox Automotive Evolution of Mobility Study 01/17/2019 ATLANTA, January 17, 2019 – Retail auto sales in the U.S. could drop as much as 29 percent as alternatives to traditional vehicle ownership becomes more accessible and affordable, decreasing the amount of miles consumed by personally owned vehicles. This is the key finding in Phase No. 3 of the Cox Automotive Evolution of Mobility Study, released today. The latest study shows how the cost of… Read Article

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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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Why Rivian May Be a Threat to Tesla 02/13/2019 CNBC, Feb. 13, 2019 -- Michelle Krebs of Autotrader and Jessica Caldwell of Edmunds join CNBC's "Power Lunch" team to talk about a report from Reuters about Amazon and GM in talks to take stake in Rivian, an electric car maker. Krebs explains why Rivian investing in pickup trucks is so intriguing. She says building on a "skateboard kind of platform" allows Rivian to put any type… Read Article

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NY Fed: Auto loan delinquencies at highest point since 2010 02/13/2019 Associated Press, Feb. 12, 2019 -- Borrowers are behind in their auto loan payments in numbers not seen since delinquencies peaked at the end of 2010, according to the Federal Reserve Bank of New York. More than 7 million Americans were 90 or more days behind on their car loans at the end of last year, 1 million more than eight years ago, according to a report from… Read Article

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CPO car sales slow in January, but 2019 likely another record year 02/07/2019 Auto Remarketing, Feb. 7, 2019 -- There was a bit of a slow start for the certified pre-owned car market at the outset of 2019, but that comes off what was the eighth straight record year of sales. According to Cox Automotive, there were 2.70 million CPO sales in 2018, a 2.1-percent year-over-year gain. This marked another all-time high, and 2019 could see much of the… Read Article

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January New Light-Vehicle Sales Slide 1 Percent 02/04/2019 Automotive News, Feb. 4, 2019 -- As one of the lowest-volume months for new U.S. light-vehicle sales, January is seldom the best barometer of how the year will pan out. But surging interest rates on auto loans and steadily rising vehicle prices make clear that automakers will be hard-pressed to produce sales gains in 2019. The average interest rate on new vehicles rose last month to… Read Article

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Four Predictions for the Future from Cox Automotive’s Mobility Study – Isabelle Helms, VP Research and Market Intelligence 02/01/2019 CBT News, Jan. 31, 2019 -- As we settle into 2019, alternative vehicle ownership continues to increase in popularity with consumers. Here to guide us through this emerging market is Isabelle Helms, vice president of research and market intelligence for Cox Automotive. In today’s segment, Jim Fitzpatrick and Isabelle discuss the final chapter of the Cox Automotive Evolution of Mobility Study, and what its findings indicate… Read Article

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Part II: Auto wholesale ‘is going digital,’ but big role for brick-and-mortar 02/01/2019 Auto Remarketing, Feb. 1, 2019 -- In Part 11 of the Auto Remarketing article, "Auto wholesale 'is going digital,' but big role for brick-and-mortar," Grace Huang, who is president of the Cox Automotive Inventory Solutions group that includes the Manheim auctions, said she sees a lot of opportunity for auto auctions when it comes to servicing new partners like mobility fleets. “I believe the auction industry… Read Article

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Part I: Auto wholesale ‘is going digital,’ but big role for brick-and-mortar 02/01/2019 Auto Remarketing, Feb. 1, 2019 -- There wasn’t any “grand announcement” from Cox Automotive when Sandy Schwartz took the floor at an NADA Show 2019 press conference here late last month. Rather, Cox Automotive was touting a range of projects in the hopper designed to “make a difference in the future of dealers,” said Schwartz, the company’s president. “One is digital wholesaling,” he said. “We’re a big,… Read Article

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Plenty of ‘opportunity’ in used-car, CPO sales 01/29/2019 Auto Remarketing, Jan. 29, 2019 -- It was the eighth straight year of record certified pre-owned car sales, amid an overall used-car retail market that is still seeing some strength. And while there are signs the used-car market may have peaked from a sales volume perspective, the feeling around last week’s NADA Show 2019 — and in recent forecasts and analyses — is that there’s a… Read Article

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How to Maximize the Profitability of Your Fleet Vehicles – Alex Fraser, Cox Automotive Mobility 01/29/2019 CBT News, Jan. 29, 2019 -- Organizations that rely on fleet vehicles are constantly looking for ways to control costs, reduce risks, and maximize the profitability of the vehicles in their possession. From detailing, to fueling, to maintenance, and other logistics, our next guest is here to provide some fleet service solutions. Joining CBT News' Jim Fitzpatrick today is Alex Fraser, general manager of Atlanta Market… Read Article

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6 Used-Vehicle Trends to Watch in 2019 01/28/2019 Automotive News, Jan. 28, 2019 -- In many ways, on both the new- and used-vehicle side of the automotive market, 2019 is starting much like 2018 did. The economy, for the most part, is humming along, and sales of cars and trucks have been solid. But like last year, analysts warn that what has gone up since the Great Recession must surely come down — at… Read Article

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