Cox Automotive

Cox Automotive's Car Buyer Journey Study Shows Growing Frustration with Car Buying Process

Retrieved on: 
Wednesday, January 18, 2023
Gen, EV, ANY, Digital, Element, Trust, Insurance, BOTH, Pressure, Kelley Blue Book, Generation Z, GAP, Auto Trader, Cox Automotive, E-commerce, NADA, ICE, Carvana, Eye, Light, Sales, Renewable energy, Marketing, Online shopping, Auction, Car dealership, Real estate, Vroom, Research

ATLANTA, Jan. 18, 2023 /PRNewswire/ -- New research released today by Cox Automotive shows that satisfaction with the car buying process declined in 2022 for the second straight year.

Key Points: 
  • ATLANTA, Jan. 18, 2023 /PRNewswire/ -- New research released today by Cox Automotive shows that satisfaction with the car buying process declined in 2022 for the second straight year.
  • The 2022 Car Buyer Journey Study reveals vehicle buyers were frustrated with high prices, limited availability, and the amount of time required to complete the process.
  • Research released today by Cox Automotive shows that satisfaction with the car buying process declined again in 2022.
  • Since 2009, Cox Automotive's annual Car Buyer Journey Study has offered a comprehensive look at the overall vehicle buying process in the United States, with an eye toward consumer satisfaction.

Cox Automotive Leads the Way to NADA 2023 with New Solutions for Retail, Inventory and EV Readiness

Retrieved on: 
Wednesday, January 18, 2023
National Automobile Dealers Association, VIN, Jaguar Land Rover, Variable, SNT, CATL, Toyota Motor North America, Knowledge, Auto Trader, Partnership, Growth, Cox Automotive, Intelligence, Sale, Acquisition, Volkswagen Group of America, Data science, Ecosystem, Ford Motor Company, Kay Bailey Hutchison Convention Center, EVS, Face, LED, Collection, General Motors, Health, Battery electric vehicle, Research, LG, NADA, Workflow, Volkswagen Group, Subaru of America, Dongle, A123, Nissan USA, AVP, Samsung, Kelley Blue Book, Automotive Energy Supply Corporation, Power up, Automotive industry, Panasonic, Frustration, Car dealership, Online shopping, Renewable energy, Retail, Financial adviser, Mobile phone, Lithium, Motor vehicle, Fyuse, EV, Mannheim (disambiguation)

Dealerships deploying multiple Cox Automotive solutions are averaging 23% higher close rates, 63% more leads, and $187,000 per month more in profit.

Key Points: 
  • Dealerships deploying multiple Cox Automotive solutions are averaging 23% higher close rates, 63% more leads, and $187,000 per month more in profit.
  • Cox Automotive, the world's largest automotive services and solutions provider, is the largest exhibitor at NADA2023.
  • "We take pride in our EV battery diagnostic tool and grading system," said Lea Malloy, AVP of EV Battery Solutions, Cox Automotive Mobility.
  • For more information about Cox Automotive at the NADA Show 2023 , or to speak to anyone on the Cox Automotive team, reach out to the Cox Automotive Public Relations team .

Automotive Trailer Global Market Report 2022: Expansion of the Logistics Industry Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 10, 2023
Trucking, Fleet Management, Logistics, Supply Chain Management, Transport, Automotive, Transport, GWP, Attention, Trudell, Benchmarking, Howard Porter (manufacturer), LED, Government, Hyundai Motor Company, Growth, Cox Automotive, TRU, Hyundai Xcient, Cargo, Renewable energy, Rail transport

The "Automotive Trailer Market By Vehicle Type, By Trailer Type, By Axle Type: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Trailer Market By Vehicle Type, By Trailer Type, By Axle Type: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
  • According to the report, 'Automotive Trailer Market,' the automotive trailer market was valued at $21.1 billion in 2021, and is estimated to reach $30.8 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the automotive trailer market analysis from 2021 to 2031 to identify the prevailing automotive trailer market opportunities.
  • The report includes the analysis of the regional as well as global automotive trailer market trends, key players, market segments, application areas, and market growth strategies.

No End in Sight: New-Vehicle Transaction Prices End 2022 at Record Highs, According to New Data from Kelley Blue Book

Retrieved on: 
Wednesday, January 11, 2023
Honda, Lexus, Ford Motor Company, Lincoln, Average, Research, EV, MSRP, F series, Luxury, Kelley Blue Book, Kia, Land Rover, Phase space, Sport utility vehicle, Tesla, Volvo, Mercedes-Benz, BMW, ATP, Cox Automotive, Retail, Taxicab, Audi, Infiniti

December 2022 average new-vehicle transaction prices (ATPs) increased month over month to end 2022 up 4.9% from year-ago levels.

Key Points: 
  • December 2022 average new-vehicle transaction prices (ATPs) increased month over month to end 2022 up 4.9% from year-ago levels.
  • Electric vehicle (EV) prices decreased more than $3,500 month over month as Tesla slashed prices in a year-end sales push.
  • New-vehicle inventory levels are increasing from historic lows earlier in 2022, but prices remain elevated, according to data released today by Kelley Blue Book, a Cox Automotive company.
  • The average new EV sold for $61,448, according to Kelley Blue Book estimates, still well above the industry average.

2023 Prefect Associate Certification Course (PACC) Dates Announced for Data Practitioners and Professionals

Retrieved on: 
Tuesday, January 10, 2023
Prefect, Certification, PACC, Industrial, SVP, Collaboration, Success, Cox Automotive, Industrial engineering, Online shopping

WASHINGTON, Jan. 10, 2023 /PRNewswire/ -- Prefect Technologies, Inc, the company behind the open-source data workflow automation platform Prefect, today announced upcoming dates for its Prefect Associate Certification Course (PACC). In this two-day course, participants learn how to orchestrate and observe their dataflows—saving their organizations time, money, and complexity. By attending the course, participants will obtain their Prefect Associate Certification.

Key Points: 
  • In 2022, Prefect held four certification courses in the United States, educating over 100 data practitioners.
  • In 2023, Prefect will expand PACC to an international audience with PACC-London in June.
  • "The best part about the Prefect Associate Certification Course is the tangible takeaways we've seen participants leave with: solutions they can implement immediately.
  • Our goal is to provide a space for new and existing Prefect users to build meaningful relationships in the data community.

Manheim Forecast: Used-Vehicle Values Expected to Normalize in 2023 After Record Volatility

Retrieved on: 
Monday, January 23, 2023
Smoke, Government, Depreciation, EV, Cox Automotive, Index, MMR, SAAR, Mannheim, Safety, Health, History, Auction, Retail, Animal, Fireworks, Mannheim (disambiguation)

Steep declines in wholesale auction prices are the culmination of three years of volatility and were preceded by record increases in 2021.

Key Points: 
  • Steep declines in wholesale auction prices are the culmination of three years of volatility and were preceded by record increases in 2021.
  • 2023 predictions include equilibrium in the used market, slight increases in new sales, and record EV sales at both retail and wholesale levels.
  • Wholesale used vehicle prices close out 2022 with the sharpest declines over a single year, according to Manheim Index.
  • "These last three years have been extremely volatile for the market, and these declines follow record increases.

Women in Technology (WIT) Announces the Appointment of New Board of Directors and Advisory Council

Retrieved on: 
Friday, January 6, 2023
Education, Truist Financial, Executive Committee, International, Microsoft, Woman, EVP, Consumer Technology Association, Executive, Weather Underground (weather service), IBM, Cox Automotive, Operational excellence, Advisory Council, WIT, Digital, Avanos Medical, Advertising, Marketing, State Farm, Corporate services, Cisco Systems, Mobility, Voice of Witness, Weather, The Weather Company, Information, Business information, ADP, Management, Pharmaceutical industry, STEAM

ATLANTA, Jan. 6, 2023 /PRNewswire-PRWeb/ -- Women in Technology (WIT), an Atlanta-based non-profit organization committed to empowering girls and women to excel in STEAM from the classroom to the boardroom, today announced the addition of its new executives to the WIT Board and Advisory Council effective January 2023:

Key Points: 
  • Industry leaders join WIT Board and Advisory Council to further the non-profit organization's mission of empowering girls and women to excel in STEAM, from the classroom to the boardroom.
  • Each executive brings a unique set of skills and talents to the organization.
  • We truly believe this board will be pivotal in the evolution of WIT in 2023 and beyond," said Tracy Aldworth, WIT Board President.
  • In 2022 alone, nearly 3,000 girls and young women and 50,000 women in careers globally were inspired, motivated, and supported in their pursuit of a STEAM career by WIT.

Andrew Morse Named President and Publisher of The Atlanta Journal-Constitution

Retrieved on: 
Saturday, January 7, 2023
CNN US, AJC, Journalism, CNN, Bloomberg Television, Cox Enterprises, Advertising, News, Cox Automotive, Heart, Cox, EVP, Turner Broadcasting System, Auto Trader, Carbon, Multimedia, Publication, Editorial, Great Big Story, City, Public sector, The Atlanta Journal-Constitution, Kelley Blue Book, Digital, Cox Communications, Broadcasting, Television, Management, Atlanta, Morse

ATLANTA, Jan. 4, 2023 /PRNewswire/ -- Today, Cox Enterprises announced Andrew Morse as the new president and publisher of The Atlanta Journal-Constitution, effective on January 9. Morse — a veteran media executive with more than 25 years of journalism experience — most recently held the role of EVP and chief digital officer for CNN Worldwide. He will bring a wide range of experience to the role and will work to accelerate the AJC's digital transformation while strengthening its reputation as a trusted source for news and information in Atlanta and across the region. 

Key Points: 
  • Morse joins The Atlanta Journal-Constitution (AJC) as it expands its digital audience while maintaining its dedication to providing strong, local, independent journalism to the metro Atlanta area
    ATLANTA, Jan. 4, 2023 /PRNewswire/ -- Today, Cox Enterprises announced Andrew Morse as the new president and publisher of The Atlanta Journal-Constitution, effective on January 9.
  • "People deserve fair and honest reporting, and Andrew has a long history of leading teams and delivering information people can trust.
  • His role as president and publisher of the AJC will be important to our company, but even more so to those in our community."
  • Morse also co-founded Great Big Story, a short form video company that built a subscriber base of 13 million users.

Nexus Circular Secures $150 Million to Accelerate Momentum of Advanced Recycling Solution for Plastics

Retrieved on: 
Tuesday, January 3, 2023
Nexus, Organization, Cox Enterprises, Environment, Cox Automotive, Growth, Cox, Auto Trader, Multimedia, Plastic, Science and technology in Asia, ISCC, Public sector, Kelley Blue Book, Cox Communications, Recycling

ATLANTA, Jan. 3, 2023 /PRNewswire/ -- Today, Nexus announced it has agreed to terms for an equity raise of $150 million. Cox Enterprises, focused on building the world's most innovative businesses in cleantech and environmental sustainability, led the round and will become the majority owner. These funds will support efforts to deliver on recycled-plastic commitments by accelerating the expansion of Nexus Circular's market-leading advanced recycling process. Nexus has consistently produced, and commercially sold, high-quality, ISCC PLUS certified circular products made from landfill-bound plastics, diverting over seven million pounds to date.

Key Points: 
  • These funds will support efforts to deliver on recycled-plastic commitments by accelerating the expansion of Nexus Circular's market-leading advanced recycling process.
  • Nexus has consistently produced, and commercially sold, high-quality, ISCC PLUS certified circular products made from landfill-bound plastics, diverting over seven million pounds to date.
  • "Cox has been incredibly supportive and continues to be enthusiastic about Nexus," said Jodie Morgan, CEO of Nexus Circular.
  • Nexus Circular is an advanced recycling company at the center of the plastics circular economy.

Cox Automotive Forecast: U.S. Auto Sales Expected to Finish 2022 Down 8% Year Over Year, as General Motors Reclaims Top Spot, Honda and Nissan Fall Significantly

Retrieved on: 
Wednesday, December 28, 2022
Fed, Great Recession, Cox Automotive, SAAR, Federal, Growth, General Motors, COVID-19, Federal Reserve, Toyota, Gingival recession, Big Three (automobile manufacturers), Tesla, Kelley Blue Book, Motor vehicle, Animal, Gasoline, Nissan

General Motors is forecast to reclaim its title from Toyota Motor Company as the top seller in the U.S. market.

Key Points: 
  • General Motors is forecast to reclaim its title from Toyota Motor Company as the top seller in the U.S. market.
  • Sales volume in December is expected to rise by nearly 11% compared to last month, mostly due to two additional selling days in December.
  • The December 2022 auto sales pace, or seasonally adjusted annual rate (SAAR), however, is expected to finish near 13.2 million, a large decline from November's 14.1 million pace.
  • In what started as a year with a supply problem, 2022 is ending with a demand problem, according to Cox Automotive.