Vehicle Remarketing Logo

News/Media Release

Staff

Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.

Newsby News/Media ReleaseFebruary 7, 2024

Wholesale Used-Vehicle Prices Flat in January

In a first-ever metric compiled by Cox Automotive, seasonally adjusted electric vehicle values ended 2023 down 17%, while non-EVs were down 7.1% for the year.

Read More →
Newsby News/Media ReleaseJanuary 31, 2024

Cox Automotive Opens New EV Battery Facility in Georgia

The plan furthers the company's battery lifecycle management services as it meets demand from a growing new and used electric vehicle market in the U.S.

Read More →
Newsby News/Media ReleaseJanuary 30, 2024

Auction Academy Class 8 Prepares for Active Hands-On Year

The 34 students are on a professional journey and adventure that will take them to Dallas next month and then during 2024 to auction and remarketing businesses in Detroit, Michigan, Spokane, Washington, and Baltimore, Maryland.

Read More →
Ad Loading...
Newsby News/Media ReleaseJanuary 23, 2024

Black Book, Recurrent Enhance EV Values with Deeper Battery Insights

The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.

Read More →
Newsby News/Media ReleaseJanuary 22, 2024

New Commercial Vehicle Prices Rose 6.5% in 2023

Work Truck Solutions' annual review of 2023 data shows that while commercial vehicle inventory levels outpaced growth in 2023, work trucks and vans carried higher price tags - signaling that demand is still strong.

Read More →
Newsby News/Media ReleaseJanuary 22, 2024

Used Vehicle Supply Closes Out at High Point for 2023

For the full year, Cox Automotive estimates sales for used retail were down about 3%, curtailed by a constrained supply of newly used vehicles in the market.

Read More →
Ad Loading...
Newsby News/Media ReleaseJanuary 17, 2024

Wholesale Used Vehicle Prices Start Year with Decline

All major vehicle segments saw price declines compared to last month, with most categories exceeding the average industry decline.

Read More →
Newsby News/Media ReleaseJanuary 12, 2024

Cox Launches Technician Diversity Campaign

A female mechanic is leading an initiative to honor and recognize women’s crucial role in the transportation industry and support for those fighting breast cancer.

Read More →
Newsby News/Media ReleaseJanuary 12, 2024

EV Prices End Year Down 18% Since January 2023

Tesla price cuts that shook up the market and challenged the profitability picture for all automakers.

Read More →
Ad Loading...
Newsby News/Media ReleaseJanuary 10, 2024

Record 1.2 Million EVs Sold in U.S. Last Year

While sales reached all-time highs, the oft-reported slowdown in the pace of growth is real as electric vehicles still remain too expensive for many average car buyers.

Read More →