Cox Automotive Shares 2020 Industry Insights
Cox Auto hosted their seventh annual Industry Insights Breakfast and have shared the materials online.
Cox Auto hosted their seventh annual Industry Insights Breakfast and have shared the materials online.
Photo courtesy of Cox Automotive
DETROIT – Earlier this week, Cox Autmotive hosted their seventh annual Industry Insights Breakfast.
They have posted a copy of the Industry Insight team's presentation on the Cox Automotive Newsroom. You can view that material and listen to the presenters here.
The presentation includes Cox Autmotive's analysis of the health of the U.S. auto industry, their perspective on 2019 results and forecast for 2020. They also provide a review of individual brand and segment performance in 2019 and a look at the potential size and shape of our industry in 2025. The material also includes Vince Zappa, president of Clutch Technologies, sharing his thoughts on the future of automotive subscription plans in the United States and a special guest, Sonya Harbaugh, co-founder and CEO of Steer, who talks about how her EV company is embracing the vehicle subscription model.
Originally posted on F&I and Showroom
More Industry
Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
Read More →
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
Read More →
Bridge the Maintenance Gap
With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.
Read More →
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
Read More →
BMW Plant Pursues Cleaner Energy
BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.
Read More →
Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
Read More →
Ohio Auto Group Under New Ownership
After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.
Read More →
RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →