Tag: Cox Automotive
vAuto reinvents dealer operations with new centralized inventory and appraisal tools
Cox Automotive's vAuto released two new enhancements to its ProfitTime GPS and Provision platforms: Centralized Inventory Management and a revamped appraisal tool. These advanced...
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...
Easing credit conditions mark a robust end to auto finance in...
Cox Automotive's Dealertrack Credit Availability Index revealed improved auto credit availability across all channels and lender types in December 2024. The All-Loans Index reached...
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....
Auto loan interest rates set to fall in 2025, offering relief...
As 2025 begins, auto loan interest rates are showing signs of improvement, offering hope to both car dealerships and consumers who have struggled with...
Cox Automotive’s Dale Pollak releases new book on used vehicle investment...
Dale Pollak, the executive vice president of Cox Automotive and founder of vAuto, released a new book titled Invested: The New Science, Strategy, &...
Cox Automotive’s 2024 CBJ study reveals EVs leading in satisfaction and...
The 2024 Cox Automotive Car Buyer Journey (CBJ) Study reveals that new-car buyer satisfaction has reached a record high, with 75% of buyers reporting...
Cox Automotive forecasts optimistic growth for 2025 as auto market momentum...
According to a newly released report by Cox Automotive, the U.S. automotive market is poised for a promising 2025. With 2024 ending on a...
December used-vehicle inventory remains stable, but affordability challenges persist
According to Cox Automotive's vAuto Live Market View data analysis, the used-vehicle inventory at the start of December remained stable compared to November. Still,...
Vehicle sales show steady growth as 2024 closes, setting positive outlook...
As we approach the end of 2024, new vehicle sales in December are expected to show steady growth compared to last year, according to...