...seven consecutive months of double-digit, year over year growth. Fleet is coming back. As demand slows, it is Lever #1 and some automakers are pulling it.
Cox Automotive
@CoxAutomotive
Transforming the way the world buys, sells, owns, and uses vehicles with industry-leading digital mrktg., software, financial, wholesale & e-commerce solutions.
coxautoinc.comJoined August 2014
Cox Automotive’s Tweets
Jobs market still healthy, and that's good news for autos. Our quick take on a Monday morning:
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New vehicle sales in January finished about where we had forecasted. We were expecting an increase in fleet sales as well, to help juice the total. That happened too. A quick update:
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. price cuts are already having a ripple effect, but those ripples could turn into a tsunami. We've got and Charlie Chesbrough from on today's #AAH to see where this is all going. youtube.com/live/H2qVDUSqu Thanks to our sponsor
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Black History Month is a time to recognize the contributions of the Black community to our history and culture. This year, we’re uniting under the theme “Power in Soul” to highlight the traditions, values and enduring spirit of Black and African Americans. #BlackHistoryMonth
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The Fed jacked rates again yesterday. Maybe some music selected by our Chief Economist might get you through today. You're welcome!
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The birth of MTV and the last time the Fed fought inflation and gave us a recession are the inspiration for my 2023 Auto Market Themes open.spotify.com/playlist/7aKHR
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"In the near term, we know vehicle affordability is the industry’s biggest issue, and nothing the Fed reported today is likely to change that fact."
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More Fed rate hikes, more challenges for the auto industry. Notes from our Chief Economist:
With high-levels of inventory at domestic truck makers, Cox Automotive Executive Analyst Michelle Krebs expects consumer incentives on American-made pick-up trucks and lower premiums:
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Did you catch any of our CAI featured workshops in Dallas? Cox Automotive led the conversation at NADA with 11 different speakers presenting 17 workshops and educational sessions throughout the event to more than 1,500 attendees. We also delivered 2 high-impact awards! #NADASHOW
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We’re excited to announce the pilot of our new Mobile EV Health Tool, which is taking place at Manheim locations across the country. This tool will be a critical part of optimizing EV Battery first life and driving confidence in the new and used EV market. bit.ly/3RmsSSv
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Thanks mostly to low inventory, 's sales were mostly dismal in 2022. Ahead of the company's quarterly results report tomorrow, our team took a dive into their topline U.S. sales numbers. You can read that here:
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Our new Power Up Stage in the Cox Automotive Village was a huge success this year at NADA. The space was used for connecting, inspiring, ideating and many of our leaders shared special sessions, innovation reveals, awards & more.
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In his latest video, our Chief Economist Jonathan Smoke notes that strength in the used-vehicle market seems to be the surprise story of January. The consumer is holding up, despite higher rates, growing unemployment.
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Congratulations to Beth Beans Gilbert, vice president at Fred Beans Automotive Group and now also a Barbara Cox Woman of the Year Award Winner. bit.ly/3DtFam7 👇👇👇
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Tomorrow, before the markets open, General Motors will confirm their Q4 earnings. Here's a top-level look at their U.S. market performance last quarter, pulled from some of our data. Solid numbers.
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Last week, at the #NADASHOW in Dallas, we were honored to present Mark Miller Subaru with our annual Leader in Sustainability Award. bit.ly/3jdnQuM
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Last week, at the #NADASHOW in Dallas, we were honored to present Mark Miller Subaru with our annual Leader in Sustainability Award.
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Our team is still recovering from the big push at the 2023 #NADASHOW, but ready for another week. Here's what happening in the markets, a weekly roundup from our Industry Insights team:
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Another remarkable year at NADA has come to an end. Thank you to everyone who took the time to stop by the Cox Automotive Village in Dallas - we can't wait to continue to put the power of us to work for you. #NADASHOW #NADA2023 #COXAUTOMOTIVE
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Don't miss out on attending your pre-scheduled demos at Dealertrack booth 4219 to see what's new with Digital Contracting & Signing and Compliance. You'll get Dealertrack socks, a $25 gift card, and more.
#NADASHOW #NADA2023 #AutomotiveIndustry
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The last and final day at NADA2023 in Dallas – be sure to make your way over to the Cox Automotive Village if you haven’t already! There’s also another chance to catch Dale Pollak present his featured workshop session starting at 10:30 in Room D161.
#NADASHOW #CoxAutomotive
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Make the last day of #NADA2023 count! Stop by the Cox Automotive Village for your final chance to demo 𝐨𝐧𝐞 connected ecosystem of solutions with uninterrupted, free-flowing data across all consumer & retail experiences, live at the #NADASHOW. bit.ly/3wnFyyO
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Just a few of the many amazing moments happening in Dallas at NADA2023! One more day to visit the Cox Automotive Village - we will see you tomorrow!
#NADASHOW #NADA2023 #COXAUTOMOTIVE
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CONGRATS to Beth Beans Gilbert, Vice President at Fred Beans Automotive Group, for being awarded our annual Barbara Cox Woman of the Year Award. bit.ly/3XIlKCn #CoxAutomotive
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What an incredible first day on the exhibition floor here in Dallas for NADA2023! From open to close, it was high tide through the Cox Automotive Village. We can’t wait to do it all again tomorrow! Check out our NADA Hub: bit.ly/408404M #NADASHOW #COXAUTOMOTIVE
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"We looked to Collibra to provide a data intelligence platform that helps us address these challenges, with the goal of unifying data across our ecosystem in what we call our Data Marketplace" -
Read the blog to learn more: ow.ly/ICu250MByiB
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We are on a roll! Thanks Marianne Johnson Chief Product Officer at for talking with us today at National Automobile Dealers Association Conference
#nadashow #nada #nadashow2023 #nada2023
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Looking for Dealertrack this morning at #NADASHOW? We're in the West Hall at one end of the Cox Automotive Village, Booth 4219, ready to see you!
#NADA2023 #AutomotiveIndustry #Dealership
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We are so excited to get things rolling here in Dallas for NADA2023. We have an exciting first day full of featured workshops and Power Up sessions - save the attached Cox Automotive schedule! For all things CAI at NADA visit bit.ly/3j8RlOl #NADASHOW
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It's finally here! Make sure to stop by the Cox Automotive village if you are in Dallas. #NADA2023 #CoxAutomotive
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The Auto Industry Event of the Year starts today! Follow along all of the action if you are not able to attend in person through our live stream: bit.ly/3HyT9JV #NADASHOW
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Find out how to exceed your goals & maximize the output of your #tech with the 𝐨𝐧𝐞 retail partner you need during the #NADASHOW. Secure your demo now before it's too late: bit.ly/3wp6eyX
#AutoIndustry #Dealership #NADA2023 #AutoRetail
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January auto sales are expected to fall about 20% from December's total, but that's normal. In fact, with improved inventory and fleet activity, our team is projecting an almost "normal" January. Sort of. Our sales forecast is out:
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At #NADA2023, find out how to get everything you need with 𝐨𝐧𝐞 true partner & data-driven innovation that ties together your marketing, sales, service & back-office operations. Book your demo before it's too late: bit.ly/3GGgd7K
#AutoIndustry #NADASHOW #Tech
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Earnings season is getting underway, and our team is taking a quick look at U.S. market numbers. The #Hyundai Motor Group reports tonight. If U.S. results are any indication, the bottom line should be good.
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It's finally here, we are only days away from the automotive industry event of the year! If you're attending NADA in Dallas, make sure to head over to the Cox Automotive village. Let's put the power of us to work for you - see you in Dallas! bit.ly/3ZHsBNL #NADA2023
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