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Charlie Chesbrough Cox Automotive

Better inventory, bigger prices: What Q1 reveals about the 2023 car...

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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,...
auto financing

How lenders can more effectively guide F&I customers in a digital...

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Today's car customers have more control over the auto financing process than ever before, but many are still struggling to navigate the post-pandemic car...
CPO

CPO sales stronger than predicted in February — Cox Automotive

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According to Cox Automotive, Certified Preowned (CPO) sales are up year-over-year despite expectations of a decline. CPO sales climbed 1.9% to 205,946 units from January...
sentiment index, used car prices

Cox Automotive Reports: The U.S. auto market index is expected to...

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Cox Automotive unveiled its first quarter dealer sentiment index (CADSI), which reported a sudden shift towards optimism after the end of Q4.  Although retailers continued...
new vehicle inventory, New vehicle affordability

New vehicle affordability improves for the first time in 6 months...

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In January, the Cox Automotive/Moody's Car Affordability Index showed an improvement for the first time in six months in new vehicle affordability. Auto loan...
wholesale operations

Boosting the profitability of your dealership’s wholesale operations — Derek Hansen,...

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When it comes to wholesale operations, dealers can capitalize on new technology in a variety of ways to increase efficiency and maintain healthy profit...
Ken Kraft Cox Automotive dealer experience

How Cox Automotive is helping dealers address key retailing issues in...

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After peaking in 2020 in part because of digital retailing, customer satisfaction declined for the second year in a row, according to recent Cox Automotive research....
Cox Automotive technology

Cox Automotive continues to push the boundaries of new technology —...

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Cox Automotive is committed to enhancing its products to facilitate faster vehicle transactions and provide consumers with a seamless online-to-offline experience. At this year's...
discipline Dale Pollak

Habits that build discipline in the dealership — Dale Pollak, Cox...

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During the years following the COVID pandemic, many dealers, unable to remain disciplined during the challenging times, replaced good habits with bad ones. However,...
Smoke dealers 2023 shifts

What are the top challenges facing car dealers in 2023? —...

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It has been predicted that the rest of the year will witness similar movements based on the changes the car industry has already experienced,...