Across Manheim Digital and vAuto’s Stockwave and iRecon, these new leaders will focus on creating new digital wholesale solutions that help clients acquire inventory more efficiently.
The latest measure shows values have never been higher, an indication there is rapidly growing demand for used-vehicle inventory.
According to a forecast released by Cox Automotive, new light-vehicle sales volume in May is expected to finish near 1,050,000 units, down 33% compared to last May but up 49% from last month.
Cox Automotive provided an update for the month of June to the Cox Automotive Retail Solutions COVID-19 Assistance Program.
COVID-19 cases keep growing in the U.S., but the pace of increase is slowing as the peak in new cases occurred a week ago. Cox Automotive offers a quick, five-minute review of the key data points that drive our business.
Small businesses like dealerships are feeling the serious effects already with significantly reduced foot traffic and declining sales. It is more important than ever to connect to customers through these challenges and help them understand that you are open for business and implementing new tools and practices to reach customers.
With health and safety as a top priority, the Cox Automotive family of brands is committed to partnering with clients to keep the automotive marketplace up and running.
U.S. auto dealers remain optimistic about U.S. economy, concerned over political climate and election season.
Cox Automotive forecast predicts a steady pace for U.S. auto sales.
Enhancements introduce added efficiency, customization and visibility to the digital merchandising arena for dealers.