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Nov 27, 2023, 09:18 ET Cox Automotive Forecast: New-Vehicle Sales Pace Remains Muted Despite Higher Inventory Levels

November new-vehicle sales, when announced next week, are expected to show gains over last year's product-constrained market. According to the Cox...

Nov 17, 2023, 08:05 ET Digital Retailing Tools Save Time in Car Buying, Improve Customer Satisfaction While Offering Dealers Opportunities to Create More Personalized Experiences

Nearly all car dealers currently using digital retailing tools claim it has positively impacted their business, especially in customer experience and ...

Oct 26, 2023, 08:00 ET Cox Automotive Forecast: Despite Ongoing UAW Strike, U.S. Auto Sales Pace in October Expected to Increase from September

Despite economic and political uncertainty throughout October, new-vehicle sales remain remarkably stable, according to a forecast by Cox Automotive. ...

Oct 06, 2023, 13:00 ET Manheim Report: Used Vehicle Values Showing Balance After Steep Declines in Second Quarter

The Manheim Used Vehicle Value Index (MUVVI) stabilized to end the third quarter with a steady September, following a period of fluctuation with...

Sep 28, 2023, 08:05 ET Dealertrack Enhances Integration with MeridianLink to Transform Digital Contracting for Lenders and Dealers, Empowering Seamless Collaboration

MeridianLink lending customers already leverage the Dealertrack network to power their originations and can now enjoy the added benefits of digital...

Sep 27, 2023, 07:00 ET New-Vehicle Market Shrugs Off High Loan Rates, UAW Strike, Closes Q3 on a Strong Note; September Sales Forecast by Cox Automotive to be Up 13% Year Over Year

The U.S. auto industry's robust year-over-year sales recovery continued in the third quarter, according to a forecast released today from Cox...

Sep 15, 2023, 10:00 ET Cox Automotive Names Scott LeTourneau Chief Financial Officer

Cox Automotive announced today that Scott LeTourneau will become its new executive vice president and chief financial officer, effective September...

Sep 14, 2023, 08:05 ET Mitsubishi Motors North America adds Xtime to MiCAR Program for Elevated Service Experience at Dealerships

Cox Automotive today announces the inclusion of Xtime, Cox Automotive's leading service appointment scheduling solution, in Mitsubishi Motors North...

Sep 08, 2023, 11:00 ET High Interest Rates and Slow Economy Repress U.S. Automobile Dealer Sentiment

Overall dealer sentiment in the U.S. held mostly steady in Q3 2023 compared to Q2, as high interest rates and economic concerns weigh heavily on the...

Aug 25, 2023, 08:30 ET Cox Automotive Forecast: With New-Vehicle Inventory at a Two-Year High, August Auto Sales Expected to Increase Nearly 19% Year Over Year

August's sales volume is expected to rise 18.8% from one year ago and reach 1.37 million units. This is a 3.2% increase from July, which had two...

Aug 09, 2023, 09:01 ET Cox Automotive Acquires Corcoran's Mobile Services

Cox Automotive today announced the acquisition of leading onsite fleet maintenance provider Corcoran's Mobile Services (CMS). The acquisition further ...

Jul 26, 2023, 13:00 ET Cox Automotive Forecast: New-Vehicle Sales Accelerate in July

New-vehicle sales, when announced next week by automakers, are expected to show big gains over last year and a slight improvement over last month....

Jul 24, 2023, 08:15 ET Polestar Financial Services Accelerates Digital Transformation with Cox Automotive's Dealertrack, eContracting Solution for both Leasing and Retail Transactions

Polestar Spaces can now take advantage of Dealertrack digital contracting across all lease and retail contracts through Polestar Financial Services...

Jul 24, 2023, 08:00 ET Volvo Car Financial Services Accelerates Retailers' Digital Transformation with Dealertrack from Cox Automotive, the Only eContracting Solution for Both Retail and Leasing Transactions

Volvo retailers can now take advantage of Dealertrack digital contracting across all lease and retail contracts through Volvo Car Financial Services...

Jul 10, 2023, 14:00 ET Manheim Report: Used Vehicle Values Fall for Third Straight Month; Wholesale Prices Down More Than 10% Year Over Year

Despite a first half filled with unexpected highs and record decreases, the Manheim Used Vehicle Value Index (MUVVI) performed slightly better than...

Jun 27, 2023, 14:30 ET Cox Automotive Forecast: New-Vehicle Sales to Increase More Than 11% Year Over Year Through the First Half of 2023

Cox Automotive, the world's largest automotive services and technology provider, forecasts U.S. new-vehicle sales volume will reach 7.65 million...

Jun 27, 2023, 09:01 ET New Cox Automotive Study: EV Consideration at Record High, but Dealers Feel Unprepared

Despite growing interest, a gap exists between consumer enthusiasm for electric vehicles (EVs) and their actual purchasing decisions, according to...

Jun 22, 2023, 10:00 ET Forward-Thinking Dealerships That Employ Digital Solutions in Their Fixed Operations Experience Higher Service Profitability and Efficiencies

The recently released Cox Automotive Forward-Thinking Dealership Study reveals most dealers are not as advanced in their digital capabilities for...

Jun 07, 2023, 14:00 ET As Inventory Concerns Begin to Fade, Economic Uncertainty and High Interest Rates Take Center Stage for U.S. Automobile Dealers

Overall dealer sentiment in the U.S. improved slightly in Q2 2023, according to the quarterly Cox Automotive Dealer Sentiment Index released today....

May 25, 2023, 13:00 ET Cox Automotive Forecast: New-Vehicle Sales In May Expected to Jump By 20% As Inventory Concerns Fade

New-vehicle sales when announced next week by many automakers are expected to show sizeable gains over last year, but a decline versus last month....

May 15, 2023, 08:30 ET New Research Shows Automakers Face Consumer Skepticism Toward Vehicle Feature Subscriptions

According to consumer research from Cox Automotive, automakers may face challenges if they expect to generate significant revenue from...

Apr 25, 2023, 13:00 ET Cox Automotive Forecast: New-Vehicle Sales Pick Up Pace in April as Inventory Levels Continue to Improve

New-vehicle sales in April are likely to reveal the market has caught spring fever when announced next week. According to a forecast released today...

Apr 10, 2023, 08:58 ET Rapid Growth: Sales of Used Electric Vehicles Increase by 32% in Q1, According to Cox Automotive Estimates

According to data assembled by Cox Automotive, the world's largest automotive services and technology provider, the market for used electric vehicles ...

Apr 07, 2023, 13:00 ET Manheim Forecast: Used-Vehicle Values Rise Again in March, Finish Quarter up 8.6%

The Manheim Used Vehicle Value Index (MUVVI) increased 8.6% in the first quarter, ending March at 238.1. The MUVVI has risen for four consecutive...

Apr 04, 2023, 09:55 ET Cox Automotive Unlocks More ActivEngage Messaging Innovations

Offers face-to-face video chat engagement to build an even higher rapport between automotive dealers and consumers. Finance Managers can now interact ...