As many as 400,000 vehicles in Florida will need to be replaced as a result of Hurricane Irma, including as many as 11,000 fleet vehicles, according to Cox Automotive.
Read More →
While market watchers agree that Hurricane Harvey's impact stretches beyond Houston-area automotive business, estimates on exactly how many vehicles will need to be replaced vary between half a million and million vehicles, including as many as 18,500 fleet vehicles.
Read More →
The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.
Read More →
Cox Automotive has named Jonathan Smoke as its new chief economist, according to a company announcement. In his new role, the company added, Smoke will be responsible for leading the creating of an economic industry insights office.
Read More →
Tom Webb will retire as Cox Automotive's chief economist after a more-than-four-decade career, where he became a leading voice about the economic health of the automotive industry.
Read More →
Ready Logistics moved more than 194,000 vehicles in January, which was a 55% increase over January of 2016 for the Cox Automotive-owned company.
Read More →
Cox Automotive has awarded Linda Silverstein, general manager, remarketing and rental operations, Ford Motor Company, as this year’s Barbara Cox Automotive Woman of the Year.
Read More →Independent auctions had double-digit growth in digital remarketing transactions compared to last year due in part to offerings from OVE Cox Automotive, such as two-way text notifications and live bid and offer reports, according to the company.
Read More →
Cox Automotive has appointed Joe George as senior vice president of Manheim Vehicle Solutions. He will be responsible for strategy to execution, driving the wholesale and retail solutions long-term plan related to reconditioning, imaging purchase protection and inspections.
Read More →
Manheim’s senior vice president of vehicle solutions has been named president of financial solutions for Cox Automotive.
Read More →
