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September 22, 2017 - Industry News

Dealers More Optimistic About Used-Car Market vs. New

Photo via order_242/Wikimedia (Creative Commons)

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

Industry Summit 2017: Cox Automotive Exec to Delve Into F&I’s Future

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

Manheim Index Reaches Record High in June

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, Holman Launch Flexdrive Subscription Service

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 to Retire as Cox Automotive's Chief Economist

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

March Madness: Four Brands Get TV Boost

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 to Retire as Cox Automotive's Chief Economist

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 Makes Two Executive Promotions

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

Dealertrack: Millennial Stereotypes Aren't Entirely True

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

October 11, 2016 - Industry News

Manheim Vehicle Solutions Gets New Senior VP

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

Vinli Partners With Cox, Meineke Car Care on Connect Car Offering

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

Shane O'Dell Returns to NextGear

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

Ex-Cox Exec Joins YP.com

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

Geitner to Lead Cox's Media Solutions Group

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

Cox Automotive: Service Contracts, Warranties Drive Service Retention

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 Expands Manheim Into Quebec City

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

May 12, 2016 - Industry News

GO Financial Exits Indirect Channel

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 7, 2016 - Industry News

VinSolutions Promotes Lori Wittman to Senior VP

Lori Wittman  

The company's new senior vice president will lead the newly formed Cox Automotive sales and F&I solutions team.

Tags: Cox Automotive, Promotion, Vice President, VinSolutions

April 5, 2016 - Industry News

Manheim Announces Plans to Grow Auction Network and Services

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

Cox Automotive Brands Combine to Offer Dealers Refined Marketing

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 to Integrate Dealertrack's Service Tool With Xtime's Retention Solutions

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

March 24, 2016 - Industry News

Only 30% of Customers Return to Selling Dealer for Service, Study Reveals

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

March 24, 2016 - Industry News

Dealertrack, Dealer.com and MakeMyDeal to Combine Forces

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 10, 2016 - Industry News

Cox Automotive Names New VP of Communications and Community Relations

Cox Automotive has named Shirley Powell vice president of communications and community relations. She will lead and manage day-to-day operations of the company’s global communications organization.

Tags: Communications, Cox Automotive, Hiring, Vice President

February 11, 2016 - Industry News

Cox Automotive Hires Creative Agency for Autotrader, KBB Brands

Cox Automotive has named Zambezi as its lead creative agency for its Autotrader and Kelley Blue Book brands. Zambezi will work with both companies to help change the way they collectively approach marketing and communications for consumers.

Tags: Autotrader, Cox Automotive, creative advertising, Kelley Blue Book

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