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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.
For the full year, Cox Automotive estimates sales for used retail were down about 3%, curtailed by a constrained supply of newly used vehicles in the market.
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The business will first operate as Green Motion in Bogota, Cali, Medellin, and Cartagena, supporting the international airports and downtown locations.
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The global auto rental provider and Detroit OEM will apply enhanced technology to improve rental car operations at customer locations.
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The new branch is global auto rental company's first branch in Utah and will serve the nearly 25 million annual passengers to Salt Lake City International Airport.
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The inspection technology closely combs a car’s exterior during the check-in and check-out process and generates a complete damage report within seconds.
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Manheim expects constrained growth with a volume increase of less than 1% in 2024, indicating a return to a more normal market.
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Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any direction.
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The product leverages artificial intelligence and computer vision technology to provide a virtual overlay of any exterior damage detected on a vehicle, making it easier to spot hail, paint peel, detached panels, broken lights, rust, scratches, dents and cracks.
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EV inventory is stacking up on dealer lots as consumers spooked by high prices and sparse charging stations second-guess or resist buying them.
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The total U.S. supply of available unsold new vehicles in November climbed 57%, or 925,000 units, from the same time a year ago.
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