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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.
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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.
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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.
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Cox says the appointments are part of a strategic move to strengthen existing customer relationships in addition to developing new business.
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In the United Kingdom, new car sales had its worst month since 1998 as new car registrations fell by over 14%.
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ActivEngage managed messaging and customer engagement products are available through Cox Automotive Digital Retailing brands, including Dealer.com, Autotrader, Kelley Blue Book, and VinSolutions.
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The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
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Fox joins the Cox Automotive Europe operation after 17 years with GEFCO.
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The unit encompasses four business solution areas: Fleet Services, Fleet Operations, EV Battery Solutions and Emerging Ventures.
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The last two weeks of 2021 saw intense consumer demand for light commercial vehicles in the UK, driving average stock values to their second highest levels of the year.
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