Tag: Cox Automotive
August new vehicle sales expected to rise nearly 19% YoY —...
When automakers release their new vehicle sales figures, they are predicted to show significant year-over-year growth with a modest slowdown from last month's sales...
Electric vehicles scores drop as OEMs compete with Tesla tech
Drivers are starting to encounter more technology issues with electric vehicles than they do with ICE vehicles, as traditional OEMs contend with disruptive brands...
Why digital titling solutions are crucial for dealership success
Titling can be a complex and time-intensive part of the car purchase process. With strong sales volumes expected in the back half of the...
New-Vehicle sales pick up in July — Cox Automotive report
When automakers release their new-vehicle sales figures, it's expected to show significant year-over-year growth and a slight improvement over last month. The market's strong...
Used vehicle inventory: prices stabilize as sales rise
According to a Cox Automotive analysis of vAuto Available Inventory data, the used-vehicle market has lost some volatility during the pandemic and chip shortage,...
Dealer Forward: how technology is optimizing the service department workflow
The emergence of new technologies and car buyer preferences has created new ways to improve service department profitability, but what tools should dealers choose?...
Manheim caught a significant decline in wholesale pricing for used cars
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell...
Cox Auto reports fleet sales boost Q1 and Q2 auto sales
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572...
Identifying new opportunities in the fixed operations space — Jade Terreberry...
Many car dealers understand the importance of service departments, but are they aware of the new opportunities in today's fixed operations business? In this...
Forward-thinking dealers see greater fixed operations profit, efficiency
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive.
As...
