Tag: Kelley Blue Book
New vehicle prices drop 2.2% in January as luxury sales cool
According to the latest report from Cox Automotive’s Kelley Blue Book, new vehicle prices declined in January, with the average transaction price (ATP) falling...
Electric and hybrid vehicles achieve 20% U.S. market share in 2024
The electric and hybrid segments had an exceptional year in 2024 and achieved a record 20% share of vehicle sales in the U.S. market....
New-vehicle prices hit near-record highs as luxury and EV sales surge
According to the latest data from Cox Automotive's Kelley Blue Book, the average new-vehicle prices continued to climb for the fourth consecutive month, with...
Tesla, GM, and Honda drive U.S. EV sales to new heights
Electric vehicle (EV) sales in the U.S. surged in 2024, with a 15.2% year-over-year increase in the fourth quarter, totaling a record 365,824 units....
How dealers can close the ‘blind spots’ in lead attribution –...
Previously aired November 14, 2024
We all know that Cox Automotive’s Autotrader and Kelley Blue Book are consumer mega-marketplaces—a cornerstone of car buying and selling...
Cox Automotive unveils Deal API to revolutionize omnichannel car-buying experience
ATLANTA—Nov. 18, 2024—Cox Automotive Deal API, a cutting-edge solution from Cox Automotive, is transforming the automotive industry by enabling omnichannel car-buying experiences across all...
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...
Addressing vehicle trade-in pain points: Building trust with education — Micah...
Dealers have been turning to consumer trade-ins as a key source of inventory, so why are trade-ins a pain point for buyers and sellers?...
GMC broke records while pickups dominated in 2022 says Kelley Blue...
According to a Kelley Blue Book report, GMC, GM's heavy duty focused subsidiary, broke records in Q4 of 2022, possibly explaining why pickups remain...
KBB reports the ATP of new vehicles hit record highs in...
The average transaction price (ATP) of a new car in the u.s. reached a record high in December at $49,507, up 4.9% from the...