Cox Automotive Deal API Revolutionizes Car Buying with Omnichannel Deal Connectivity
ATLANTA, Nov. 18, 2024 – Cox Automotive Deal API, a cutting-edge solution from Cox Automotive, is transforming the automotive industry by enabling omnichannel car-buying experiences across all online channels and in-store systems. Cox Automotive Deal API empowers OEMs, lenders and…
Cox Automotive’s Autotrader Creates One, Consistent Omnichannel Marketplace
ATLANTA, Oct. 30, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, announces new applications of the company’s unique first- and third-party data assets combined with the industry’s only true omnichannel car buying experience. The result –…
Cox Automotive Forecast: October New-Vehicle Sales Steady, Volume Expected to Rise Despite Election Uncertainties and Weather Events
Updated, Nov. 4, 2024 – Supported by higher incentives, solid inventory levels, and generally improving consumer sentiment, new-vehicle sales in October likely came in slightly higher than the Cox Automotive forecast. Initial estimates put total new-vehicle sales at 1.33 million…
Manheim Report: Wholesale Used Vehicle Prices Trend Lower in September After Two Months of Gains
ATLANTA (Oct. 7, 2024) – Data released today by Cox Automotive showed that, after two months of increases, wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) reversed course and were lower in September by 0.5% compared to…
Cox Automotive Introduces Retail360
ATLANTA, Sept. 30, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, today announces Retail360 – a comprehensive suite of tools that enables the industry’s only true omnichannel experience. Omnichannel connects the entire auto retail ecosystem along…
Cox Automotive Leaves 2024 New-Vehicle Sales Forecast Unchanged as September Volume Drops; Year-to-Date Sales Up Less Than 1% Compared to 2023
Updated, Oct. 3, 2024 – New-vehicle sales in September came in near 1.17 million, down 12.8% year over year and roughly in line with the Cox Automotive forecast of 1.19 million. Thanks to seasonal adjustments, the new-vehicle sales pace, or seasonally…
U.S. Automobile Dealer Sentiment Stumbles in Q3 as Political Climate Heats Up
ATLANTA, Sept. 6, 2024 – The Q3 2024 Cox Automotive Dealer Sentiment Index (CADSI) shows automobile dealers in the U.S. continue to view the market as weak. The overall Q3 market sentiment index dropped to a score of 40, down…
Cox Automotive Forecast: August U.S. Auto Sales Show Stability Amid Seasonal and Labor Day Boost
Updated, Sept. 6, 2024 – New-vehicle sales volumes increased month over month and year over year in August, as forecast by Cox Automotive. Year-over-year sales volumes last month are now estimated at 1.42 million, slightly lower than our team’s 1.44 million…
Autotrader Releases ASMR Road Trip Playlist for Dogs to Celebrate National Dog Day, Teams Up with Country Singer Walker Hayes
ATLANTA, Aug. 26, 2024 – No road trip is complete without a furry companion in tow, but just like people, some dogs are anxious during long car rides. According to Dr. Veronica Higgs, Veterinary Services Manager with Chewy, “Car anxiety…
Central Dispatch® Unveils Fully Integrated Transportation Marketplace for Clients, Lays Foundation for the Future
ATLANTA – August 16, 2024 – On its journey to transform the vehicle transportation experience for shippers, brokers and carriers, Central Dispatch today unveiled its completely reimagined marketplace. Built with client feedback top of mind, this significantly enhanced experience simplifies…
Cox Automotive Announces Expanded Leadership Role for Ken Kraft
ATLANTA, Aug. 6, 2024 – Cox Automotive today announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft. In addition to his current marketing responsibilities, Kraft will lead the company’s sales organization. He will continue…
Cox Automotive’s Power of Data Study Reveals While Data Insights Provide Value to Heavy Users, Most Dealers Still Experience Data Challenges
ATLANTA, July 30, 2024—Today’s automotive dealers know there is power in data, but they struggle to extract actionable insights from it, according to Cox Automotive’s 2024 Power of Data study. Capturing feedback and perspective from franchise dealers and their management,…