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US car dealers had enough vehicles on lots or in transit to last 75 days heading into January, up more than 18% from the same month a year ago, according to data from Cox Automotive. A 60-day ...
Overall, new vehicle inventory at dealers is the highest it’s been since late in 2020, according to Cox Automotive. The average discount on a 2023 model year vehicle these days is $4,127 ...
Automotive News is a weekly newspaper established in 1925, written for the automotive industry, predominantly for individuals corresponding with automobile manufacturers and automotive suppliers. [2] It is based in Detroit and owned by Crain Communications Inc. [ 3 ] Globally, there are more than 55 editors and reporters.
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 ...
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.
In 2023, the first full year of the credit, EV sales jumped 46% year over year to 1.19 million, compared to 813,000 in 2022, according to Cox’s Kelly Blue Book.
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.
How to get a defensive driving discount on your auto insurance 5 car insurance myths debunked: From rate haggling to pricer policies for red cars FAQs: Shopping for coverage and staying protected