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Hurricane damage, high interest rates, softening used values, and a slowing economy will all have some effect on the coming used vehicle market. The greater issue is even lower sales — as the historic decline in the lease return rate from 2022 meets up with a big drop in lease maturities and lower dealer consignments.
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The Commercial Vehicle Safety Alliance plans to address a growing problem of brake systems and brake adjustment violations during its annual Brake Safety Week running Aug. 21-27.
Read More →The top five European markets registered 6.5 million fewer vehicles in 2020 and 2021 compared to the previous two years. As the used market depends on new vehicles to push stock through, further pressures are inevitable.
Read More →According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.
Read More →Cox says the appointments are part of a strategic move to strengthen existing customer relationships in addition to developing new business.
Read More →In the United Kingdom, new car sales had its worst month since 1998 as new car registrations fell by over 14%.
Read More →ActivEngage managed messaging and customer engagement products are available through Cox Automotive Digital Retailing brands, including Dealer.com, Autotrader, Kelley Blue Book, and VinSolutions.
Read More →The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
Read More →Fox joins the Cox Automotive Europe operation after 17 years with GEFCO.
Read More →The unit encompasses four business solution areas: Fleet Services, Fleet Operations, EV Battery Solutions and Emerging Ventures.
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