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As roughly 15,000 U.S. auto dealers grapple with a cyberattack-led software outage, many are forced to revert to manual paperwork.

U.S. auto dealers struggle with cyberattack-induced software outage

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U.S. auto dealers grappled with a cyberattack-led software outage on Monday, forcing many to revert to manual paperwork as car industry technology provider CDK...
The latest Cox Automotive Dealer Sentiment Index for Q2 2024 remained stable compared to Q1, indicating a consistent outlook.

Cox Automotive dealer sentiment holds steady amid market uncertainty

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The latest Cox Automotive Dealer Sentiment Index (CADSI) for Q2 2024 remained stable compared to Q1, indicating a consistent outlook among U.S. auto dealers...
On today's episode of CBT Now, we're evaluating the findings of Cox Automotive's 2024 Path to EV Adoption Study. Vanessa Ton informs dealers.

Vanessa Ton discusses the barriers and opportunities for EV adoption by...

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According to Kelley Blue Book, EV sales in the U.S. market surpassed 1 million units for the first time in 2023, but not everyone...
Cox Automotive anticipates a positive trend in May for new-vehicle sales compared to last year, buoyed by higher inventory levels.

Cox Automotive forecasts improved May new-vehicle sales driven by increased inventory/incentives

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Cox Automotive anticipates a positive trend in May's new-vehicle sales compared to last year, buoyed by significantly higher inventory levels leading to more attractive...
According to Cox Automotive estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March.

Retail used-vehicle sales dip 7% in April, Cox automotive reports

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According to estimates from vAuto Live Market View data, retail used-vehicle sales declined 7% in April compared to March. Despite this decrease, the total...
Cox Automotive has created a new 'Flying Doctor Program' designed to address emergency battery-related incidents at dealerships.

Cox Automotive’s Flying Doctor Program leads the charge in EV integration...

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It is critical that EV batteries are safe and well-managed, especially as EV adoption ramps up. Cox Automotive has created a new 'Flying Doctor...
Explore dealer sentiment insights with Erin Keating on Inside Automotive, revealing profitability and market adaptation challenges.

Cox Automotive Dealer Sentiment Index reveals concerns about profitability and inventory...

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The Q1 Cox Automotive Dealer Sentiment Index was published in March. It provides a current view of dealer sentiment and looks forward to the...
The 2024 Consumer Choice Awards, signaling a shift in the market and increased competition for EV sales in KBB's recent report

Honda dominates KBB’s 2024 Consumer Choice Awards amid post-pandemic market shifts 

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The car-buying market has struggled for several years due to pandemic-related production issues. However, manufacturers are expected to balance the supply and increase the...
Auto industry news: Apple car project ends, EVs rise, new charging solutions, and the launch of innovative electric supercars.

Weekly roundup: Apple Car shelved, hybrids gain traction, new EV superchargers...

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Earlier this week: Apple's car project was shelved due to various challenges, leaving the fate of 2,000 jobs in limbo. Consumer Reports' latest vehicle...
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February. 

Unsold used car inventory increases, driven by higher sales and lower...

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According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.  At the beginning...