Tag Archives: cox automotive

Cox Automotive Mobility has bought battery life cycle management firm Spiers New Technologies (SNT). It wants to supply a range of EV services, from storage and logistics to remanufacturing, reuse and pre-treatment recycling, It said as EV volumes rise, life cycle management will become increasingly important for carmakers, dealers and fleets. Spiers New Technologies has operations in the US and ...

  The unexcepted challenges that have faced dealers over the past months have had a major impact on franchised dealers’ strategies and consumer behaviours. That’s the view of Sue Robinson, director of the NFDA, writing in the Q3 AutoFocus from Cox Automotive. “Consumer expectations have changed and although feedback from franchised dealers suggests they are not yet seeing a radical ...

Cox Automotive warns that more needs to be done to encourage consumers to buy electric vehicles. This comes ahead of the target to ban the sale of new internal combustion engine (ICE) cars by 2030. SMMT data for June 2020 showed the Tesla Model 3 was the UK’s overall bestselling vehicle (of any powertrain) in the month, with 5,468 units ...

Cox Automotive has revised  its used car forecast for 2021. The company has adjusted its full-year 2021 forecast downwards to 6,766,250 used car sales, -0.6% (-40,414) versus its April forecast and -8.3% compared to the 2000-2019 average. This best-case scenario assumes a slight drop off in retail demand after a modest summer period. Philip Nothard, Insight and Strategy Director at ...

Cox Automotive has downgraded its new car forecast for the remainder of 2021 because of the current supply issues. This is despite consumer demand being ahead of the company’s previous most likely scenario. The revised most likely scenario would see Q3 end on 522,425 new car transactions, down -17.7% on the 2000-2019 average. The full-year 2021 forecast has also been ...

Cox Automotive has announced the death of James Davis, customer insight director for CV. Cox Automotive released a statement paying tribute to the man and his long and varied career. “It is with great sadness that we share the news that James Davis, a well-known and much-loved member of the Cox Automotive Europe family, passed away at the weekend. “James ...

Cox Automotive Europe has warned of further disruption following a 16.4% drop in new car registrations last month. According to Cox Automotive, the global semiconductor shortage is not the only factor affecting new car sales, with several headwinds yet to be felt fully across the new vehicle supply chain. Philip Nothard, Insight and Strategy Director at Cox Automotive, said that ...

Cox Automotive has acquired FleetMaster, a specialist in workflow technology for rental, leasing and dealerships for an undisclosed sum. FleetMaster, founded in 2011, is a cloud-based fleet software business, delivering innovative solutions to rental companies, dealerships and automotive manufacturers. Following the acquisition, FleetMaster will be integrated into Cox Automotive Mobility which is driving the future of transportation by helping fleets. ...

Cox Automotive is urging caution with significant disruption expected in the next few months with new car supply issues. It said new car registrations across Europe continues to struggle to find a way out of the pandemic, and there are challenges faced from the supply. Compared to April 2019, the UK’s figures were the least concerning but still represented a ...

Cox Automotive has warned dealers that stock uncertainty is set to continue for the short term. It also said not all dealers are experiencing pent-up demand following the latest lockdown easing. It said that with manufacturers “severely struggling with” supply of new cars, and delays in de-fleet programmes, fewer cars were set to enter the used car market It was ...