Cox Automotive Inc.

April used-vehicle inventory rose to 2.04M units, up from March’s record low: https://bit.ly/3PLjVFS See what the rebound means for days’ supply and pricing in the latest Cox Automotive Used Inventory Report.

Listen Now: https://bit.ly/4tHAX5H Used inventory tightens, pricing pressures increase, and used EVs gain momentum. Get the latest market updates on this week's episode of The Auto Market Brief.

Buyer expectations are evolving—and smarter deals are the new standard.   New insights show: - Higher satisfaction tied to digital + AI-powered experiences - More transparency builds trust - Digital steps can save buyers time at the dealership   If you’re still building deals the old way, it might be time to rethink your approach.   Learn how to build smarter deals and deliver the seamless experience today’s buyers expect. Learn more: https://cox.auto/uo5Mh

April brought mixed signals for the auto market, with softer new-vehicle sales, steady pricing, and a modest lift from the latest jobs report: https://bit.ly/4ubjqEa Learn more in the latest Auto Market Weekly Summary and see what this means as the spring selling season moves into its final stretch.

Dealers don’t need more buzzwords, they need better outcomes. That’s why Cox Automotive Intelligence puts AI to work inside the tools you already use, helping your teams respond faster, work smarter, and spend less time on manual tasks, all without interrupting what already works. That’s how AI creates real results. Click to learn more: https://bit.ly/4uzEaVN

On May 6 in Charlotte, we were proud to serve as a co-lead sponsor of The Presidio Group's U.S. Auto Retail Conference and join conversations focused on where retail is headed. Jonathan Smoke opened the event with a brief welcome and later joined the NADA panel with Rob Cochran and Mike Stanton, moderated by Jason Stein. They dug into the issues dealers are navigating right now, including customer experience, affordability, AI, direct sales, and the impact of Chinese automakers. Congratulations to Rick Hendrick on receiving The Presidio Group’s Lifetime Achievement Award. It’s a well-earned honor for a leader whose impact on automotive retail is hard to overstate.

The latest Manheim Used Vehicle Value Index is here: https://bit.ly/4f7sjd0 In April, used vehicle values fell 1.6% month over month, a sharp contrast to the long-term average monthly increase of 0.7%.

Listen now: https://bit.ly/4n7Qv0N Service revenue is up, but dealer service share is down. In this bonus episode, Erin Keating and guest, Alex Bland, unpack new findings from a study of 500 dealers and 2,500+ consumers and what it means for fixed ops, retention, and sales.

Cox Automotive’s Noah Lee and Tessa Nadik were joined by Yuriy Demidko of DP Fox Ventures for a panel discussion at the Digital Marketing Strategies Conference. The three discussed leveraging data and AI technology to provide seamless technology experiences for customers and dealership staff.   Learn More about implementing seamless experiences for your customers: https://cox.auto/uoymX

Read the latest analysis from Cox Automotive Chief Economist Jeremy Robb: https://bit.ly/4cWbw9Y Unsurprisingly, the Fed left rates unchanged at its May meeting, but the bigger story is what the internal dissent signals about the path ahead. With rate cuts increasingly unlikely in 2026, persistent inflation pressures, and rising energy costs, the outlook for monetary policy remains complicated. And the same can be said for the auto industry.