Cox Automotive
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Market Insight 16 JanAutomotive’s 2023 to bring ‘significant change and shortening lead times’
Automotive is entering a period of opportunity with 2023’s “significant change and shortening lead times” paving the way to new horizons, according to Cox Automotive.
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Market Insight 29 NovKnowledge of EV sector’s ‘black cars’ could protect against value slump
Car retailers will need to brush up their knowledge of car manufacturers’ advances in electric vehicle (EV) battery technology advances to avoid a slump in value set to impact so-called ‘black cars’.
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Market Insight 1 NovCar registrations downgraded as supply pain predictions stretch into Q3 2023
UK new car registrations predictions for 2023 have been downgraded by between 7% and 15% as Coz Automotive predicts faltering vehicle supplies may not recover until Q3 next year.
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Supplier News 25 OctFocus on basics and cost control will prepare dealers for a comeback, says Cox
Doing the basics well and driving efficiencies will prepare dealers for the eventual comeback of usual car market volumes, according to Cox Automotive insight and strategy director Philip Nothard.
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Used Cars 17 OctUsed car retailers told to ‘remain cautious’ heading into winter
Cox Automotive customer insight and strategy director Philip Nothard has warned used car retailers to “remain cautious” as the sector heads into an in certain period of winter trading.
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Used Cars 23 SepLand Rovers dominate Dealer Auction rankings for biggest sales margin
Land Rover dominated Dealer Auction’s August ranking of car brands and models offering the largest sales margin to car retailers.
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Used Cars 21 SepUsed car sector ‘no longer in a period of heavy demand’, says Cox Automotive
Cox Automotive Europe has told car retailers to focus on “potential storms” ahead as they continue to balance limited vehicle supplies with faltering consumer demand.
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Market Insight 22 Aug
Car retailers must prioritise EV solutions to meet swelling fleet demand
Car retailers will need to help focus on electric vehicle (EV) solutions for fleet operators ahead of an expected surge in sales opportunities for zero-emission cars.
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Used Cars 17 AugSubaru delivers margin shock in Dealer Auction rankings
Subaru delivered a shock by surging to a second-placed ranking in Dealer Auction’s Retail Margin Monitor.
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Market Insight 16 AugCar retailers will have to tighten belts in winter of ‘stagflation’
Car retail businesses have been told to focus on gross profit and cutting expenditure as a period of ‘stagflation’ is ushered in by sustained inflation and rising unemployment.
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Market Insight 25 JulCox Automotive downgrades forecasts after recognising ‘reality’ of car market
Cox Automotive predicts that the UK’s new car market will end 2022 on 1.62 million registrations after downgrading its forecasts to acknowledge the “reality” of the sector’s global supply crisis.
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Used Cars 4 JulNew cars missing spec risks chaos for dealers' used car sales
There are fears that the new cars being delivered with incomplete specifications due to the semiconductor shortage are storing up a headache for used car dealers and valuation experts.
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Market Insight 9 JunTough times to come for used car market as price increases soften
Auto Trader has urged car retailers not to “jump to rash conclusions about the health of the market” after car price rises eased in May with the prospect of tough times ahead for car buying consumers.
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Used car 18 MaySwift action needed from car retailers when used market changes gear
The used car market has been enjoying stellar growth over the past two years as demand has outstripped supply; there has been a lack of new vehicle availability and more buyers are willing to pay a premium.
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Used car 18 MayAgility must be the watchword for used car stocking success
In a used car market starved of supply vehicle acquisition has become the boom industry, with retailers launching their own car buying platforms to rival third-party providers.
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Market Insight 9 MayCar retail to be impacted as consumers ‘grapple with a cost-of-living crisis’
The car retail sector should be braced for a prolonged period of uncertainty as OEMs impacted by Russia’s war in Ukraine battle to deliver vehicle supplies and consumers “grapple with a cost-of-living crisis”.
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Market Insight 25 AprUsed car sector shows ‘signs of a market correction’ as values decline
Data from wholesale and retail used car values data providers has indicated “signs of a market correction” but hopes remain that any market decline will be minor.
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Market Insight 20 Apr
Car registrations expected to dip 10% in H1 as manufacturing recovery falters
New car registrations are expected to decline 10% year-on-year in the first half of 2022 with all hopes pinned on a recovery in H2, Cox Automotive’s latest forecasts reveal.
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Market Insight 13 AprCar retail faces ‘perfect storm’ of headwinds as UK inflation hits 7%
The car retail sector is facing a “perfect storm” of economic and political headwinds as UK inflation hits 7% - threatening to dent consumer confidence.
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Used car 12 AprAre part-exchanges keeping pace with car retail's omnichannel customer journey?
There are now more avenues for car dealerships to sell their vehicles than ever before but has the part-exchange process truly embraced the transparency of a truly omnichannel customer journey?
