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used car market Monthly wholesale & SAAR prices decline in first half of October.

Monthly wholesale and SAAR prices decline in first half of October

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The first 15 days of October saw a 1.6% drop in wholesale used car prices from September. The midmonth Manheim Used Vehicle Value Index...
Explore the evolving car buying process: blending digital strategies with tradition, emphasizing customer experience and human touch.

Modernizing the car buying process in a tech-driven world

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As technology continues to push boundaries and redefine norms, it's essential to understand where the industry stands and where it's headed. According to a...

Mitsubishi Motors adds Xtime to MiCAR Program for improved dealership service...

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The Mitsubishi Motors MiCAR program now includes Cox Automotive's top service appointment scheduling tool, Xtime. This gives Mitsubishi dealer partners another powerful tool to...
Q3 2023, the Cox Automotive Dealer Confidence Index (CADSI) revealed that dealer confidence i

Slow economic growth and high interest rates dampen U.S. Q3 auto...

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In the third quarter, Q3, of 2023, the Cox Automotive Dealer Confidence Index (CADSI) revealed that dealer confidence in the U.S. remained largely stable...
August new vehicle

August new vehicle sales expected to rise nearly 19% YoY —...

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When automakers release their new vehicle sales figures, they are predicted to show significant year-over-year growth with a modest slowdown from last month's sales...
Drivers are starting to encounter more issues with electric vehicles than they do with ICE vehicles, as traditional OEMs compete with Tesla.

Electric vehicles scores drop as OEMs compete with Tesla tech

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Drivers are starting to encounter more technology issues with electric vehicles than they do with ICE vehicles, as traditional OEMs contend with disruptive brands...
Kaitlin Gavin, John Devlin and Steve Hoffman join Driving Solutions to discuss digital titling and helpful strategies to prevent title fraud.

Why digital titling solutions are crucial for dealership success

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Titling can be a complex and time-intensive part of the car purchase process. With strong sales volumes expected in the back half of the...

New-Vehicle sales pick up in July — Cox Automotive report

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When automakers release their new-vehicle sales figures, it's expected to show significant year-over-year growth and a slight improvement over last month. The market's strong...
inventory

Used vehicle inventory: prices stabilize as sales rise

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According to a Cox Automotive analysis of vAuto Available Inventory data, the used-vehicle market has lost some volatility during the pandemic and chip shortage,...

Dealer Forward: how technology is optimizing the service department workflow

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The emergence of new technologies and car buyer preferences has created new ways to improve service department profitability, but what tools should dealers choose?...