Tag: Cox Automotive
Luxury SUV market sees highest consideration on record throughout Q1
More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive.
Over the course of Q1, 73% of high-end shoppers...
Certified pre-owned sales fall in April but maintain healthy pace overall...
Sales of certified pre-owned (CPO) vehicles decreased more in April than in the overall used retail market year-over-year. CPO sales fell by more than...
Driving results in fixed-ops: Why forward-thinking dealers achieve better results
Forward-thinking dealers have drastically improved fixed operation profits over the last year, but what factors are driving these results? In this CBT News Power...
Affordability improves in April, but new car prices remain high
Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high.
The Vehicle Affordability Index found that the median...
Dealer sentiments improve for Q2, even as costs, prices worsen
Dealer sentiments improved substantially over the previous quarter, driven by unexpectedly high sales and revenue.
Cox Automotive tracks retailer outlooks through its Dealer Sentiment Index,...
Wholesale used car prices decline 5% year-over-year in April
Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from...
Affordability, EVs, and digital retailing: Q1 performance sheds new light on...
As the industry adapts to an unfamiliar automotive landscape, what new challenges will dealers need to face? On this episode of Inside Automotive, Brian...
Dealership service revenue set a new March record — Xtime report
The latest Cox Automotive analysis of Xtime metrics reveals that service activity rose steadily month over month in March. U.S. franchised dealers saw repair order index volume lower than last...
Surprising shifts in new and used pricing, sales, inventory seen in...
March proved to be an eventful month for the auto industry as the pricing, inventory and sales dynamics surrounding new and used vehicles changed.
Average...
Better inventory, bigger prices: What Q1 reveals about the 2023 car...
The car market's strong first-quarter performance surprised many auto industry analysts who expected demand and production to remain suppressed well into the year. However,...
