Tag: Cox Automotive
Wholesale used-vehicle prices decrease in June, supply stabilizes
According to the latest Manheim used-vehicle data, wholesale used-car prices dropped 1.3% from May to June. The supply of used cars has returned to...
Cox Automotive shifts 2022 sales forecast due to ongoing supply issues
According to the Cox Automotive June sales estimate, U.S. new vehicle sales are expected to be constricted due to the lack of supply that...
How car dealers can wholesale inventory in more effective and profitable...
The pain points many car dealers are experiencing in wholesale transactions can be solved by Cox Automotive's Upside, a whole new way to wholesale....
Certified pre-owned sales decline in May after four consecutive months of...
Sales of certified pre-owned vehicles fell by 7% from sales posted in April 2022, according to industry expert Cox Automotive. The year-over-year decline is...
Cox Automotive: Dealer sentiment down amid concerns about inflation, expenses
Cox Automotive has released its Dealer Sentiment Index for the second quarter, which was compiled from dealers’ responses from April 25th to May 9th....
How to enhance service department efficiency and gain more market share...
On today's Power Lunch, we'll spend some time discussing efficiencies within the dealership service department. Joining us in the studio are Jade Terreberry, Senior Director...
Toyota and BMW take the lead for most shopped vehicles
This week, the Q1 2022 Kelley Blue Book Brand Watch™ reports revealed that Toyota and BMW are back to having the most-shopped vehicles in...
New car prices edge higher in April, supply remains about the...
This week, a Cox Automotive analysis showed that new car prices are continuing to rise while new inventory is staying low due to ongoing...
Elevating service department productivity and profitability with Xtime’s Skyler Chadwick
Did you know that $214 billion in revenue is available to capture by dealership service providers? Service departments that are looking to dial up more...
Cox Automotive expects a 20% drop in sales year-over-year for April
According to a report this week, Cox Automotive said that sales across all segments would fall in April and total around 1.23 million units, a...
