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Retail used vehicle sales saw a significant increase in July, jumping 27.6% from June, according to Cox Automotive’s vAuto Live Market data

July sees surge in retail used vehicle sales, rising 27.6% month...

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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 in the U.S. continued their downward trend in July, marking the 10th consecutive month of year-over-year declines.

New vehicle prices dropped for 10th straight month in July as...

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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...
According to the Dealertrack Credit Availability Index, auto credit availability in the U.S. fell for the fourth consecutive month in July.

Auto credit availability declines for fourth straight month as lenders tighten...

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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...
In July, wholesale used-vehicle prices increased, with Cox Automotive's MUVVI climbing to 201.6, marking a 2.8% rise from June.

Wholesale used-vehicle prices rise in July, reflecting market trends

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In July, wholesale used-vehicle prices increased, with the Manheim Used Vehicle Value Index (MUVVI) climbing to 201.6, marking a 2.8% rise from June. Despite...
Before joining Cox Automotive, Kraft led marketing and sales operations at Cox Business, the commercial services of Cox Communications.

Cox Automotive expands Ken Kraft’s role to lead sales and marketing

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Cox Automotive has announced an expanded leadership role for Executive Vice President and Chief Marketing Officer Ken Kraft, who will oversee the company’s sales...
The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5%

Federal Reserve maintains interest rates, keeping vehicle financing costs high

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The Federal Reserve opted to keep its benchmark rate unchanged during its July meeting, maintaining the target range between 5.25% and 5.5% to restrict...
Cox Automotive's 2024 Power of Data study is a crucial resource that gathered feedback from franchise dealers and their management

Cox Automotive’s study highlights dealers’ struggles and opportunities with data utilization

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Automotive dealers recognize the power of data but face significant challenges in leveraging it effectively. This insight is drawn from the comprehensive Cox Automotive's...
Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage.

U.S. July new vehicle sales forecast shows recovery post-software outage

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The latest forecast from Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage that affected sales...
It's essential to recognize the significance of education and practical experience in shaping the next generation of industry talent.

Northwood University interns and Cox Automotive foster future industry leaders – Zak...

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It's essential to recognize the significance of education and practical experience in shaping the next generation of industry talent. On the latest episode of...
The editorial team at Autotrader evaluated the 2024 model-year electric cars in various aspects, including powertrains, features, and prices.

2024 marks ‘Year of More’ for EVs despite slow growth, according...

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According to analysts at Cox Automotive, electric vehicle (EV) sales in the United States are experiencing slower growth this year but growth nonetheless. EVs...