Tag: Cox Automotive
Hyundai and Kia achieve record August sales driven by robust demand...
Hyundai and Kia posted record sales in August, driven by robust demand for crossovers and hybrids, making it one of the industry's strongest months...
Data study reveals opportunities for auto retailers to improve customer engagement...
Data has been receiving a lot of attention lately, and businesses, including auto retailers, rely on it to boost their profits. However, many dealers,...
Stable outlook for U.S. new vehicle sales in August, forecast shows
Cox Automotive's latest forecast anticipates that U.S. new vehicle sales for August will remain relatively stable when adjusted for significant seasonality. The seasonally adjusted...
Navigating the 2024 auto market: Erin Keating on inventory trends, EV...
As we move further into the second half of 2024, we are eager to examine the current new vehicle inventory and the average transaction...
Equifax and Cox Automotive partner to tackle rising synthetic identity fraud...
It’s the peak summer selling season for auto retailers, and fraud prevention is at the top of minds now more than ever. With synthetic...
Wholesale used vehicle prices rose 0.5% in early August
Wholesale used-vehicle prices have risen by 0.5% from July during the first half of August, as the Manheim Used Vehicle Value Index increased to...
DMS outage creates volatility in used vehicle market as inventory declines...
The dealer management system (DMS) outage that affected sales and inventory reporting throughout the previous month continues to create volatility in the automotive market....
July sees surge in retail used vehicle sales, rising 27.6% month...
Retail used vehicle sales saw a significant increase in July, jumping 27.6% from June, according to Cox Automotive’s vAuto Live Market View data. This...
New vehicle prices dropped for 10th straight month in July as...
New vehicle prices in the U.S. continued their downward trend in July, marking the 10th consecutive month of year-over-year declines. According to Kelley Blue...
Auto credit availability declines for fourth straight month as lenders tighten...
According to the Dealertrack Credit Availability Index, auto credit availability in the U.S. fell for the fourth consecutive month in July 2024, with all...