The new-vehicle sales pace in April was slightly below our forecast, as the market lacks any real urgency. A quick update from our team: coxauto.mobi/3QkA7eq

Join Cox Automotive at the NIADA Convention & Expo 2024 and don’t miss out on live sessions with insights for independent dealers, an overview of Cox Automotive brands and portfolio, and a live vehicle auction, benefitting the NIADA Foundation. bit.ly/4bkqjsH

Yesterday, the Fed showed no urgency in their pursuit of rate changes. Today, our Chief Economist is considering the impact on Durable Goods. The latest from Jonathan Smoke coxauto.mobi/3QrJicN

We hope you have enjoyed our Cox Automotive Speaker Session video series! You can find all of the videos, as well as other Thought Leadership insights, on our Learning Center: bit.ly/3xSchQE #coxautomotive

250 Rider Bags packed and ready for our Riders! ✅ Our Team worked hard to assemble each bag with sponsor swag items, welcome packets, jackets and more!

The FOMC meets later this week, and there's plenty of economic news to digest. Here's a quick look at some of the headline points, many of which impact auto. Our Auto Weekly Market Summary.
coxauto.mobi/3y6uNEX

The 2024 KylePettyCharityRide hits the road on May 4 for another epic week-long adventure, riding across the country and raising $$$ to send kids to @victoryjunction! Learn more at bit.ly/3Uij3GS #coxautomotive

Insights, powerful data, and #AI are helping Tarik Green outperform his competition at Honda Carland cox.auto/ugLW9

New-vehicle sales volume in April is expected to be lower compared March, but the sales pace will improve to 15.9 million, best number so far this year. Our April forecast is out: coxauto.mobi/3QkA7eq

750M pounds of trash diverted — and still counting. 🗑️🔢

This April, employees are answering our chairman's call to continue our Zero Waste efforts by reducing, reusing and recycling items that would otherwise end up in landfills. ♻️
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#cox34by34 #purposeatcox #teamcox

Watch the final episode of Cox Automotive Speaker Sessions and hear our panel of experts discuss how dealerships can adopt sustainable operations that not only help reduce their environmental footprint but can also boost long term profitability. bit.ly/44bB66c

Cox Automotive is proud to be speaking at the Women in Tech Global Conference this week. Our speakers will shed light on career paths, leadership and digital transformation continuing to unite women in the technology field. Learn more here: bit.ly/40FRb0u

Happy Earth Day! 🌎The Realtor.com econ team recently partnered with Cox Automotive to identify the most EV friendly housing markets in the U.S. California markets are prominent, but just about every region is featured. realtor.com/research/elect…

100% yes. As a leader in vehicle transportation, we've seen this issue coming. Here's the latest from our vehicle logistics leader: coxautoinc.com/market-insight…

Our Jeremy Robb takes a quick look at the current wholesale and retail used-vehicle metrics, and offers an interesting look at used EV prices. His latest Manheim Market Insights video has been posted. Manheim coxauto.mobi/3U820as

NY Fed President John Williams said 'I definitely don't feel urgency to cut interest rates.' Guess what? Consumers don't feel any urgency to buy durable goods. The auto market was fine last year with pent up demand, but that's gone now with rates even higher.

Feel like you need a crash course in everything AI? Chase Abbott breaks down what you should know, the opportunities to take advantage of, and the questions you should ask as you work to adopt AI-enabled tools for your dealership. Watch his session here: bit.ly/4aXBozV

Steady new-vehicle sales are helping keep days' supply in check. Inventory volume continues to improve, but at a slowing pace. Our latest take, based on our @vAuto team data. coxauto.mobi/4aQiHhw

In the April mid-month report, the Manheim Used Vehicle Value Index was below 200 for the first time in 3 years. It's been a journey. Here's the data point: coxauto.mobi/49Lzi54

Wholesale used vehicle prices (mix, mileage & seasonally adj) based on Manheim Index declined 1.9% in first 15 days of April compared to full month of March leaving the Index down 13.7% y/y. NSA price down 0.2% and down 11.6% y/y. publish.manheim.com/content/publis…