Cox Automotive
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Market Insight 13 SepVan supply to be 'lowest in a decade', says Cox Automotive
Cox Automotive is warning that LCV supply will be the lowest the wholesale market has seen for more than a decade, following record-breaking demand for used vehicles at auction in August.
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Used Cars 7 SepUsed car market ‘starved of stock’ demands compromise from dealers
Cox Automotive has warned that car dealers across the UK will have to compromise on their usual stock demands in order to fill their forecourts in a sector now “starved of stock”.
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Car Dealer News 24 Aug
Peter Vardy signs up new remarketing partner
Manheim has secured a contract with Peter Vardy for the Scotland-based dealer group to remarket at least 4,000 unwanted vehicles annually through its auctions.
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Car Manufacturer News 23 AugRising costs and supply chain issues challenge OEMs' 2021 aims, report finds
A study by Grant Thornton and Cox Automotive reveals the impact of coronavirus countermeasures on vehicle manufacturers and their abilities to mitigate the effect.
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Used Cars 12 Aug
Used vehicles continued to achieve record prices at auction in July
The average selling price of a used van has remained above £10,000 for the second consecutive month, at Manheim auctions.
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Market Insight 11 AugEU trade agreement and consumer habits shift could stall Q4
Cox Automotive has warned car retailers to brace themselves for a tough September and Q4 as the new EU trade agreement, a logistics “wages war” and evolving consumer habits present further uncertainty.
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Market Insight 2 Aug
'More needs to be done to meet EV targets', warns Cox Automotive
Cox Automotive has warned that ‘more needs to be done’ to encourage consumers to adopt electric vehicles (EVs) ahead of the 2030 ban.
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Used Cars 27 JulCox Automotive downgrades 2021 used car sales forecast
Cox Automotive has downgraded its used car sales forecast for 2021 as the lasting impact of COVID-19 and the global semiconductor shortage look set to result in a “market starved of supply" in Q3.
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Market Insight 20 JulSupply-constrained Q3 prompts Cox to downgrade car registrations forecast
Cox Automotive has downgraded its 2021 new car registrations forecast by 2.48% amid expectations that vehicle supply issues will leave Q3 deliveries down 17.7% on the 10-year average.
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People News 14 JulTributes paid following death of Cox Automotive insight director James Davis
Tributes have been paid to Cox Automotive commercial vehicle customer insight director James Davis after he died at the weekend.
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Market Insight 12 Jul
New car retail disruption will continue to fuel used sales, says Cox Automotive
Semiconductor shortages, the transition to electric vehicles (EV) and “the true impact of Brexit” are among new car retail disruptions that are set to fuel a strong used car market in to 2022, says Cox Automotive.
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Supplier News 8 JulFleetMaster acquisition 'significantly extends' Cox Automotive mobility capabilities
Cox Automotive International president Martin Forbes said the business has signalled its intent to “significantly extend our mobility capabilities in Europe” with the acquisition of FleetMaster.
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Market Insight 18 JunNew car supply chain issues will not be resolved until 2022
Car retailers will be locked into a strategy of “retaining profit margins at all cost” as vehicle supply issues continue into 2022, according to Cox Automotive.
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Used Cars 15 JunUsed vans to face ‘period of ever-rising prices’ says Cox Automotive
Used vans prices are expected to start rising and not stop until some time in 2022, according to Cox Automotive.
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People News 2 JunSam Watkins appointed sales director of Cox Automotive Europe
Cox Automotive Europe has created a new sales director role as part of a move to strengthen its senior leadership team working with customers.
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People News 28 MayCox Automotive COO Pete Bell sets pace in 100 for £100 charity challenge
Cox Automotive Europe chief executive Pete Bell covered 100 miles on his bike as he lapped Bruntingthorpe Proving Ground as part of a ‘100 for £100’ charity challenge.
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News 25 MayMotorpoint ranked as automotive sector’s Top Company to Work for
Motorpoint has emerged as the UK’s best automotive business for employees in Best Companies’ annual Top 100 Company to Work for in the UK awards rankings.
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Market Insight 10 MayCar dealers warned not to be ‘blindsided’ by headwinds after April optimism
Cox Automotive has warned UK car dealers not to be ‘blindsided’ by the automotive retail sector’s headwinds after the optimism on an April sales regurgence.
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Supplier News 5 May
Cox Automotive acquires pkwNOW car auction business
Cox Automotive has acquired German dealer-to-dealer online auction business pkwNOW.
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Used Cars 28 AprUsed car supply to face more shortages, warns Cox Automotive
The supply of used cars is expected to remain restricted in the short term, pushing up wholesale prices and limiting growth opportunities for dealers, according to Cox Automotive.
