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In a new report, research firm Cox Automotive found a surprising uptick in new car sales in November, outpacing industry estimates. It could be because buyers are itching to pull the trigger on a ...
In Q3 the Cybertruck hit 16,000 units sold, per Cox Automotive’s Kelley Blue Book, making it the No. 3 EV sold in the quarter, behind only Tesla’s Model Y and Model 3. This also means the ...
Cox Automotive is a provider of "vehicle remarketing services and digital marketing and software for automotive dealers and consumers." [20] Cox Automotive brands include Manheim, Clutch Technologies, Dealer-Auction Ltd, AutoTrader, Kelley Blue Book, vAuto, Dealer.com, Dealertrack, NextGear Capital, Xtime, Vinsolutions, Dickinson Fleet Services ...
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The company was founded in 2011 as a News Corp Australia company, [1] and in 2016 merged with the Australian branch of Cox Automotive, which is ultimately owned by Cox Enterprises. [2] [3] In May 2020, eBay Classifieds group acquired Cox Media, the subsidiary of Cox Enterprises that runs CarsGuide. [4]
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Manheim, Inc. is an automobile auction company. As a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc. based in Atlanta, Georgia, Manheim's primary business is wholesaling vehicles via a bidding process using traditional and online formats.
In August 2016, Cox Automotive bought out News Corp Australia's 55% stake in CarsGuide.com.au, forming the new automotive venture, Cox Automotive Australia. [10] [11] [12] This eventually led to the launch of the Autotrader.com.au website in October 2018, alongside the Australian arm of Kelley Blue Book.