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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 ...
A new study from Cox Automotive this week found that 75% of respondents agreed with the statement that “features on demand will allow automakers to make more money.” And 69% of respondents ...
Cox subsequently sold off its syndication unit to a new production company Telecom Productions in 1970. [11] Cox would reenter the television syndication business, when Cox's subsidiary TeleRep, established Television Program Enterprises in the late 1970s, [12] before merging with Rysher Entertainment in 1993. [13] [14]
New cars make up 49% of retail auto sales, with used cars making up the other 51%. [36] Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012.
Today, actual cars make up less than 20% of all new vehicles, according to data from Cox Automotive. Also, child safety regulations have, no doubt, played a major role, said Kirbitz.
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.
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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.