Cox Automotive
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Finance 24 Sep1-in-4 car dealers using COVID-19 loans or overdrafts to stock forecourts
Almost a quarter of used car retailers have turned to Government-backed COVID-19 recovery loans or overdrafts to fund their forecourt stock since lockdown, NextGear Capital has found.
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Supplier News 11 SepManheim re-opens auctions for COVID-19 secure used car viewings
Manheim has confirmed that its auction sites will re-open for COVID-secure used car viewings from Monday (September 14).
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Supplier News 10 SepFemale automotive leaders form VRA ‘Lillies’ for BEN fund-raising challenge
Female business leaders from across the automotive sector have formed the Vehicle Remarketing Association (VRA) "Lillies" fund-raising team to generate cash for BEN.
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Used Cars 7 Sep
Stock turn accelerated as demand drove used car price rise in August
Used car retailers increased their stock turn by 11.8% month-on-month as demand for vehicles continued to drive up values at auction houses across the UK, according to Cox Automotive and eBay Motors Group.
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Supplier News 21 AugMarshall and Manheim sign new three-year deal
Marshall Motor Group has agreed a new, three-year deal with vehicle remarketing provider, Manheim.
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Market Insight 11 AugCox survey: Older cars on 37% of dealer forecourts post-lockdown
Cox Automotive’s monthly Dealer Sentiment Survey has found that more than a third (37%) of UK car dealers are stocking older vehicles in the wake of COVID-19 lockdown.
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Supplier News 7 AugCox Automotive UK raise £10,000 for mental health charity Mind
A 100-strong team of staff from across Cox Automotive's UK operations have succeeded in raising over £10,000 for the mental health charity, Mind.
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Used Cars 27 Jul
Cox Automotive online auctions demonstrate car dealers' pent-up demand
Cox Automotive has reported signs of pent-up demand in the used car market after its auctions went wholly online due to the COVID-19 pandemic.
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Choose Your Supplier 17 JulMotor auctions have been keeping busy
Before the lockdown, many of the UK’s largest motor auction and remarketing companies were enjoying successes in signing deals. Now, as the sector gears up to return to normal, they are well placed to support the recovery.
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Car Dealer News 19 JunDealer Auction sales up 135% in rush to meet consumer demand
Dealer Auction has seen a 135% month-on-month increase in sales through its platform in the first week of June as dealers rush to obtain more stock to meet consumer demand.
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Market Insight 15 JunAuctions remain a no-go zone for 23% of car dealers post-lockdown
COVID-19 has rendered physical car auctions a no-go zone for 23% of car retailers in the short- to medium-term, Cox Automotive’ s latest dealer sentiment survey has revealed.
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Car Dealer News 2 Jun
Pent-up demand pays off on June 1 return of showroom car sales
Car retailers across the UK reported that demand from car buyers left pent-up during the COVID-19 lockdown period had resulted in a bumper return to showroom trading on June 1.
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Supplier News 12 MayCox Automotive re-starts Manheim used car auction operations
Cox Automotive has re-started Manheim's car auction operations via its online sales platform following “weeks of careful planning and implementation of the necessary safety measures”.
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Market Insight 6 MayCox Automotive predicts W-shaped COVID-19 recovery and 29% sales decline
Cox Automotive has predicted a stop/start recovery from the COVID-19 coronavirus outbreak for the automotive retail sector – revising its new car sales forecast to detail a 29% decline in 2020.
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People News 1 MayCox Automotive promotes UK CEO Martin Forbes into international role
Cox Automotive has promoted its UK CEO Martin Forbes into the position of president of Cox Automotive International, effective immediately.
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Used Cars 24 AprPetrol values show signs of wobbling in early 2020 used car market
While used car performance helped to deliver stable levels of profit and volume in 2019 there have been some signs of an early wobble in 2020 with pressure on petrol values in particular.
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Car Dealer News 25 MarCoronavirus poses ‘biggest threat’ to UK car retailers
Coronavirus has been described as the “biggest immediate threat to the UK car retail sector” after retailers across the country began making contingency plans to prevent its spread.
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Latest News 18 Mar Advertisement featureGroup PSA’s Alison Jones receives Barbara Cox Woman of the Year Award
Advertisement feature from Cox Automotive
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Market Insight 11 Mar
Coronavirus among ‘significant challenges’ faced by automotive retail
Coronavirus has been acknowledged among a series of “significant challenges” facing the automotive retail sector in the middle to long-term in Cox Automotive’s monthly Market Tracker report.
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People News 10 MarPSA Group MD Alison Jones wins Barbara Cox Woman of the Year Award
PSA Group’s UK managing director and senior vice-president Alison Jones has been named as the latest winner of Cox Automotive’s Barbara Cox Woman of the Year Award.
