December 12, 2017 - Industry News
Add Cox Automotive to the growing list of tech vendors and dealers alleging that CDK and Reynolds and Reynolds Co. conspired to eliminate competition for data integration services and seize control over dealer and third-party data.
Tags: CDK Global, Cox Automotive, data, DMS, DMS integration, Reynolds & Reynolds
December 11, 2017 - Industry News
The fourth-quarter reading of the Cox Automotive Dealer Sentiment Index shows dealers are optimistic about the next three months. Concerns about price pressure and showroom traffic persist.
Tags: Cox Automotive, Franchised Dealerships, Independent Dealerships, new-vehicle sales
September 22, 2017 - Industry News
Sentiment speaks to recent auto finance data showing prime and superprime car buyers shifting toward used, where the average monthly payment was $139 less than the record $504 average monthly payment for new in the second quarter.
Tags: auto finance, Cox Automotive, Experian Automotive, new-vehicle sales, used-vehicle sales
July 11, 2017 - Industry News
Cox Automotive’s Jason Barrie, who has helped drive Dealertrack’s evolution from credit application portal to an enabler of sales and F&I workflow since 2005, says technology won’t kill F&I. He will be at Industry Summit 2017 to explain why.
Tags: Cox Automotive, Dealertrack, digital retailing, F&I process, F&I products, online F&I
July 10, 2017 - Industry News
It was the second consecutive month that Manheim Used Vehicle Value Index reached a record high. Officials said strong retail demand for recent model-year used vehicles is encouraging dealers to buy more vehicles at auction, and the increased demand is more than offsetting the high supply.
Tags: Cox Automotive, Manheim, Manheim Index, new-vehicle sales, used-vehicle values, wholesale values
June 1, 2017 - Industry News
Cox Automotive and Holman Enterprises have announced the launch of Flexdrive, a joint venture designed to offer a subscription option to new-car buyers.
Tags: auto finance, Cox Automotive, Holman Enterprises, mobility
March 30, 2017 - Industry News
Tom Webb will retire on June 30, ending a more than four-decade career. Cox Automotive officials said a replacement will be named in the coming weeks.
Tags: Cox Automotive, Manheim, Manheim Index, Manheim Used Vehicle Report, NADA, used-vehicle values
March 29, 2017 - Industry News
Autotrader and Dealer.com websites recorded increases in search share for Acura, Alfa Romeo, Buick and Infiniti, each of which ran national ads during the first weekend of the NCAA men’s basketball tournament.
Tags: advertising, Autotrader, Cox Automotive, Dealer.com, digital marketing
March 11, 2017 - Industry News
Tom Webb will retire on June 30 as Cox Automotive's chief economist, ending a more than four-decade career.
Tags: Cox Automotive, Manheim, Manheim Index, Manheim Used Vehicle Report, Tom Webb, used-vehicle values
January 12, 2017 - Industry News
Cox Automotive this week announced two executive promotions. Rock Anderson Jr. has been promoted to executive vice president of people strategies and John Kovac has been promoted to executive vice president and CMO.
Tags: Cox Automotive, Promotions, Vice President
October 11, 2016 - Industry News
The perception that millennials are content with a carless, ride-hailing life may not be true after all, at least according to new data from Dealertrack.
Tags: Cox Automotive, Dealertrack, leasing, Millennial, Stretching Loan Terms
Cox Automotive named Joe George senior vice president of Manheim Vehicle Solutions. He will responsible for strategy to execution, driving the wholesale and retail solutions long-term plan related to reconditioning, imaging purchase protection and inspections.
Tags: Cox Automotive, Manheim, Promotion, Vice President
September 14, 2016 - Industry News
Mobile WiFi provider Vinli has reached agreements with Cox Automotive and Meineke Car Care to offer Cox's 40,000 dealer clients the ability to sell connected car capabilities to their customers as an aftermarket product.
Tags: Connected Vehicle, Cox Automotive, Meineke Car Care, software, telematics, Vinli
September 6, 2016 - Industry News
Cox Automotive has named Shane O’ Dell president of financial solutions. The former Manheim exec will oversee NextGear Capital, where he served as COO before joining Manheim as senior vice president of vehicle solutions.
Tags: Cox Automotive, NextGear Capital, Promotion
August 23, 2016 - Industry News
The former president of Cox Automotive's Media Solutions Group has found a new home. According to a press announcement, Jared Rowe is set to become CEO of YP.com on Sept. 1.
Tags: Cox Automotive, digital marketing, Jared Rowe, YP.com
August 11, 2016 - Industry News
Cox Automotive has named Brian Geitner president of its Media Solutions Group. He replaces Jared Rowe, who is departing the company for a new opportunity outside the automotive industry.
Tags: Autotrader, Cox Automotive, Dealer.com, Hiring, Kelley Blue Book
July 27, 2016 - Industry News
A new study from Cox Automotive found that warranties and service contracts are keys to service retention. To realize that benefit, the study recommends that dealers allow car buyers to research service contracts before they step into their stores.
Tags: Cox Automotive, Customer Retention, Customer Service, F&I, service department
May 12, 2016 - Industry News
Cox Automotive announced this week that it has expanded Manheim into Quebec City. According to the company, this marks the second auction in the province of Quebec, following Manheim Montreal’s success.
Tags: Auction, Canada, Cox Automotive, Manheim
The subprime finance source’s president says the company’s decision to exit the indirect channel was neither performance-based nor a reflection of current conditions in the subprime auto finance sector. Move connected to Cox's purchase of Dealertrack.
Tags: Cox Automotive, Dealertrack, DriveTime, GO Financial, subprime
April 5, 2016 - Industry News
Manheim plans to grow both its digital and physical space to better facilitate its growth in users.
Tags: Auto Auctions, Cox Automotive, Manheim, Online
March 29, 2016 - Industry News
Officials said the integration of Autotrader, Kelley Blue Book and Dealer.com will grant dealers access to millions of online shoppers every month who are ready to purchase a vehicle.
Tags: Autotrader, Cox Automotive, Dealer.com, Kelley Blue Book
March 24, 2016 - Industry News
Cox Automotive says the integration will help dealers better capitalize on customer loyalty and operational efficiency for their parts and service departments.
Tags: Cox Automotive, Dealertrack, parts and service, Xtime
Customers aren't coming back to their dealerships for their repairs, according to Cox Automotive's 2016 Maintenance and Repair Study. It shows that more vehicle owners are choosing to go elsewhere because they feel they'll get a better price.
Tags: Cox Automotive, Customer Service, Maintenance, Repairs
Cox Automotive is bringing the three brands together as part of several enhancements the company is planning for its Dealer.com websites.
Tags: Cox Automotive, Dealer.com, Dealertrack, MakeMyDeal
March 17, 2016 - Industry News
Cox Automotive announced plans to merge Dealer.com’s advertising technology as well OEM and advertising partnerships with Haystak’s customer service model later this year.
Tags: Cox Automotive, Dealer.com, Haystak
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