Tag: Cox Automotive
New-Vehicle sales pick up in July — Cox Automotive report
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...
Used vehicle inventory: prices stabilize as sales rise
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
The emergence of new technologies and car buyer preferences has created new ways to improve service department profitability, but what tools should dealers choose?...
Manheim caught a significant decline in wholesale pricing for used cars
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell...
Cox Auto reports fleet sales boost Q1 and Q2 auto sales
According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572...
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...
Forward-thinking dealers see greater fixed operations profit, efficiency
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive.
As...
Luxury SUV market sees highest consideration on record throughout Q1
More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive.
Over the course of Q1, 73% of high-end shoppers...
Certified pre-owned sales fall in April but maintain healthy pace overall...
Sales of certified pre-owned (CPO) vehicles decreased more in April than in the overall used retail market year-over-year. CPO sales fell by more than...
Driving results in fixed-ops: Why forward-thinking dealers achieve better results
Forward-thinking dealers have drastically improved fixed operation profits over the last year, but what factors are driving these results? In this CBT News Power...
