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U.S. Auto Dealer Sentiment Reaches Record High; Inventory Becomes Top Concern 09/08/2020 ATLANTA, Sept. 8, 2020 – According to the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. automobile dealers’ view of the current automotive market shows significant improvement and has mostly recovered from the historic, pandemic-driven drops in the second quarter. The overall current market index moved into positive territory in Q3 with a score of 56, a 36-point increase from last quarter. The… Read Article

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Cox Automotive’s Statement on COVID-19 – Summary of Activities 08/25/2020 A Note from Cox Automotive CEO Sandy Schwartz Regarding COVID-19 Let’s just say this about COVID-19: We’re all in it together. Our job is to help make the automotive industry as good as it can be, and that has never been more apparent or more important than right now. Like so many others, Cox Automotive is looking for every opportunity to keep our people healthy, to… Read Article

Press Releases

Brand Experience Centers, At-Home Maintenance, Service Pick-up and Drop-off: These are the Modern Automotive Dreams, New Research Shows 01/22/2020 ATLANTA, Jan. 22, 2020 – It’s no secret the current car-buying experience has room for improvement and that few owners are looking forward to the next 3-hour wait while their vehicle is serviced. But what does an ideal automotive consumer experience actually look like? A new report from Cox Automotive released today provides a road map. Reimagining the Automotive Consumer Experience is a comprehensive look at… Read Article

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U.S. Auto Dealer Sentiment Reaches Record High; Inventory Becomes Top Concern 09/08/2020 ATLANTA, Sept. 8, 2020 – According to the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. automobile dealers’ view of the current automotive market shows significant improvement and has mostly recovered from the historic, pandemic-driven drops in the second quarter. The overall current market index moved into positive territory in Q3 with a score of 56, a 36-point increase from last quarter. The… Read Article

Press Releases

Cox Automotive Forecast: Auto Sales Recovery Continues on Track in August 08/26/2020 ATLANTA, August 26, 2020 – As summer winds down in the last week of August, the auto industry’s slow recovery appears to remain on track, at least for another month. According to a forecast released today by Cox Automotive, the seasonally adjusted annual rate (SAAR) of auto sales in August is expected to finish near 14.9 million, up from last month’s 14.5 million pace. Sales volume… Read Article

Press Releases

Cox Automotive’s Statement on COVID-19 – Summary of Activities 08/25/2020 A Note from Cox Automotive CEO Sandy Schwartz Regarding COVID-19 Let’s just say this about COVID-19: We’re all in it together. Our job is to help make the automotive industry as good as it can be, and that has never been more apparent or more important than right now. Like so many others, Cox Automotive is looking for every opportunity to keep our people healthy, to… Read Article

Press Releases

Cox Automotive Mobility and Georgia Power Advance Fleet Electrification Future 08/10/2020 ATLANTA, Aug. 10, 2020 – Cox Automotive Mobility’s Pivet Atlanta facility, located conveniently between downtown Atlanta and Hartsfield-Jackson Atlanta International Airport, completed one of the largest electric vehicle (EV) charging single property installations in the southeast in collaboration with Georgia Power and EV charging network provider ChargePoint. The groundbreaking Smart Technology Project, which includes the installation of 20 Level 2 fleet chargers, six (6) fleet DC… Read Article

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Cox Leaders Named to New Roles 07/29/2020 Cox Enterprises has named Steve Rowley as the new president of Cox Automotive, effective Aug. 3. Cox Automotive includes powerhouse brands Autotrader®, Kelley Blue Book®, Dealertrack®, vAuto® and Manheim®. He takes over for President and CEO Sandy Schwartz, who moves to a role as CEO of the Cox Family Office. Keith Holmes, senior vice president of Residential Sales for Cox Communications, will become EVP, Cox Business.… Read Article

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Cox Automotive Forecast: Low Inventory, Economic Uncertainty Hold Back July Auto Sales 07/28/2020 ATLANTA, July 28, 2020 – The vehicle market is expected to show modest month-over-month improvement in July, but the growing number of COVID-19 cases and overall economic uncertainty continue to stifle a more robust recovery. According to a forecast released today by Cox Automotive, the seasonally adjusted annual rate (SAAR) of auto sales in July is expected to be 13.3 million, up from last month’s 13.0… Read Article

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Wholesale Used-Vehicle Values Reach Record High 07/08/2020 ATLANTA (July 8, 2020) – Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 8.95% month over month in June. This brought the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index. Manheim Market Report (MMR) prices improved over the four full weeks of June, resulting in a 7.1% cumulative… Read Article

Manheim Used Vehicle Value Index MUVVI Press Releases

Cox Automotive Forecast: Auto Sales to Drop 24.2% in First Half of 2020 06/26/2020 ATLANTA, June 26, 2020 – The COVID virus and the resulting economic recession continue to negatively impact the auto industry, but June is expected to be another small step “back to normal.” According to a forecast released today by Cox Automotive, the seasonally adjusted annual rate (SAAR) of auto sales in June will finish at 12.6 million, down significantly from last year’s 17.2 million pace, but up from… Read Article

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Register Now to Attend the Mid-Year Review 06/18/2020 The Cox Automotive Mid-Year Review will be held on Thursday, June 25, at 11 a.m. EDT, a week before the auto industry closes the book on a difficult and wild first half. This 90-minute webinar will be kicked off by Cox Automotive President and CEO Sandy Schwartz who will provide an industry overview and highlight The Way Forward, a collection of new and updated strategies to help the… Read Article

Mid-Year Review Press Releases

Auto Dealer Sentiment Drops as COVID-19 and the Economy Severely Impact Business; Franchised Auto Dealers Hold Onto Optimism for the Summer 06/08/2020 ATLANTA, June 8, 2020 – According to the Q2 2020 Cox Automotive Dealer Sentiment Index (CADSI) released today, U.S. automobile dealers’ view of the current automotive market remains negative and is understandably far more negative than in the first quarter. With an index score of 20, the rating presents a clear picture of the devastating impact COVID-19 has had on the auto industry, and the decrease from Q1’s index… Read Article

Dealer Sentiment Index Cox Automotive Dealer Sentiment Index CADSI Press Releases

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