Cox Automotive Mobility will help fleets convert to electric vehicles and modernize while expanding its fleet of mobile service trucks outfitted with on-demand charging for EV fleet customers.
The partnership between Cox Automotive Mobility and Spiers New Technologies adds new service centers to support the transition to electric vehicles.
While prices and supply stabilize somewhat, the overall supply is far below historical levels, said Charlie Chesbrough, Cox Automotive senior economist.
According to data from Kelley Blue Book, the average transaction price (ATP) for a new vehicle surpassed the $48,000 mark in June, the highest ATP on record.
The downward trend continues, as June CPO sales were down 1% from May’s sales stats.
Compared to last month, wholesale used vehicle prices are down 1.3%, but year over year, prices are up 10.7%.
May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
Cox Automotive presented the 17th annual Barbara Cox Woman of the Year Award to Enterprise Holdings CEO Chrissy Taylor.
The unified brand brings together a more complete array of services for light, medium and heavy-duty trucks and trailers.
The unit encompasses four business solution areas: Fleet Services, Fleet Operations, EV Battery Solutions and Emerging Ventures.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
