Cox Automotive Inc.

Looking to enhance your vehicle profitability? The latest vAuto Live Market View podcast is a must-listen! Derek Hansen Derek Hansen, VP of Operations for Cox Automotive and vAuto, and Erin Keating Erin Keating, Executive Analyst of Economic and Industry Insights for Cox Automotive, provide actionable tips to aid dealers in managing new vehicle profitability. Key strategies discussed include: - Aligning your days supply across different models and segments to stimulate turnover and market-oriented allocations. - Incorporating the most recent incentives into every listing to attract buyers looking for a deal. - Enhancing the shopper experience with Vehicle Detail Page (VDP)-oriented merchandising. Don’t miss this opportunity to gain insights from industry veterans. Tune in now! https://spoti.fi/4bg0d9T #vAuto #CoxAutomotive #LiveMarketView #VehicleProfitability

On our most recent webinar on Automotive News, our SVP of Product and Engineering, James Maynard, weighs in on the latest developments in battery diagnosis, repair, and logistics. This includes services and solutions offered by our partner Manheim locations, including battery repair capabilities, logistics and transportation efficiencies, and our proprietary battery health grading system, which enables consumer confidence and transparency in battery health. Watch the webinar now: https://bit.ly/4cjhCPS #CoxAutomotive #EV #EVRepair

Happy July! Check out this week's Auto Market Weekly Summary: https://bit.ly/4eX8Byi #coxautomotive

Explore our latest Website Optimization playbook to discover new strategies to enhance customer engagement and drive conversions for your dealership. Download the playbook here ➜ https://bit.ly/3Vvm3Aw Inside you'll find: ◉ Key website performance metrics ◉ Ways to understand your current website efficiency ◉ Actionable steps to optimize your user experience #CoxAutomotive #WebsiteOptimization #DealershipCustomerEngagement

While the party may have mellowed in 2024, the DJ is still spinning good tunes. New-vehicle sales pace hit 15.9 million units in May, marking this year’s peak, and Cox Automotive is forecasting an even hotter pace of 16.0 million for June. Despite downward pressure on front-end grosses, dealers continue to benefit from a 45% uptick in F&I income compared to 2019, earning more money in high-margin “back-end” dollars with every sale. This translates into a sizeable boost to their bottom line, so no one is drinking cheap wine at this party! Read more from Brian Finkelmeyer: https://bit.ly/4eGqilk #coxautomotive

Extending the usable first life of an EV battery is the most important factor in a sustainable ownership experience, according to Stephanie Valdez Streaty, our director of industry insights, and expert on EVs. Recently, we joined the Automotive News team to share the latest industry info on the closed-loop EV ecosystem. If you haven’t seen this informative and topical webinar, make sure to give it a watch: https://bit.ly/4cjhCPS #CoxAutomotive #EV #EVRepair

Did you miss the Cox Automotive Mid-Year Review, our forecast and analysis of first half market performance? No problem. The replay is right here: https://bit.ly/3xzfbtO #coxautomotive

In our recently released 2024 Path to EV Adoption study, we found that the EV market is casting a wider net. Stephanie Valdez Streaty, Director of Industry Insights, does a deeper dive on this key takeaway in this short video. Read the full study here: https://bit.ly/3yicUTP #coxautomotive

With the power of generative AI and data, Cox Automotive Inc. is revolutionizing an industry and driving tech innovation forward. Check out this article from Built In to learn more and explore job openings: https://bit.ly/4bgvzgG . #artificialintelligence #automotive

What an amazing week in Las Vegas for NIADA 2024! We’re so grateful for all of the dealers who stopped by our booth - we always look forward to connecting with you. We’ll see you next time👍🏼 #NIADA #coxautomotive