Tag: Auto

Posted on

Spending Boost Puts Chevrolet Atop Most-Seen Auto Ads Chart

Spending Boost Puts Chevrolet Atop Most-Seen Auto Ads Chart

Chevrolet’s ad for its electric autos moves from next to very first location in iSpot.tv’s ranking of the most-seen auto adverts. An 85.2{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} week-in excess of-week surge in estimated Tv advertisement paying shipped a 22.7{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} raise in impressions, mainly driven by NFL, MLB and college soccer online games. 

For each an iSpot Ace Metrix survey, the ad had a Brand name Match ranking of 84{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}, referring to the percentage of surveyed viewers who remembered it was a Chevrolet place immediately after watching it. 

Subaru owns two spots on the chart, in 2nd and fourth put, with a merged total of in excess of 378 million Tv set ad impressions. 

The 2nd-place advertisement, featuring a lonesome dog panting on an empty highway, tugs on the heartstrings. Subtitles explain that a lot of particular-requires shelter pet dogs wait many years to be adopted – and “this is how it feels to hold out for much less than a minute.” (The advert urges viewers to sign up for Subaru for Countrywide Make A Dog’s Working day.) In fourth place: Subaru’s enduring place for the Forester Wilderness, that includes a rugged male discovering the good outside. 

For both equally Subaru adverts, Very good Morning America shipped top impression counts, and neither appeared through skilled sports for the duration of the 7 days measured. 

Dodge’s location “The Authentic Brotherhood of Muscle” usually takes third position for Television ad impressions, with NBC offering two times as lots of as the next-spot community, Fox Information. Whilst through the previous week the place benefited from airings for the duration of Major League Baseball game titles, this time about information programming such as Today (3rd Hour) and Nowadays drove impressions. 

Week-over-week chart newcomer Acura rounds out the position with an electrifying advert for the MDX Form S. NFL and MLB online games delivered prime impact counts.Per Ace Metrix, an amazing 44{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of viewers regarded the visual scenes the one most effective issue about the place. 

 

(Click on on blue back links for videos) 

 

1. Chevrolet: EVs for Everyone

Impressions: 251,009,331

Interruption Level: 3.49{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

Awareness Index: 93

Est. Television set Expend: $6,040,981

 

2. Subaru: Experience the Wait 

Impressions: 193,500,568

Interruption Price: 3.50{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

Focus Index: 90

Est. Tv Expend: $2,093,589

 

3. Dodge: The Authentic Brotherhood of Muscle mass

Impressions: 185,481,229

Interruption Fee: 2.63{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

Awareness Index: 95

Est. Television Expend: $1,113,912

 

4. Subaru: Nicely Adventured

Impressions: 185,373,387

Interruption Charge: 2.90{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

Interest Index: 96

Est. Television Expend: $1,589,297

 

5. Acura: Fall the Mic 

Impressions: 176,811,628

Interruption Rate: 2.81{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

Attention Index: 82

Est. Television set Shell out: $2,996,636

 

Facts furnished by iSpot.television, The New Conventional for Television set Advert Measurement

 

Television Impressions – Overall Television set ad impressions sent for the brand or spot.

 

Interruption Charge – The proportion of units that were being present at the commencing of your advertisement but did not total viewing the advertisement. Steps that interrupt advertisement perform include transforming the channel, pulling up the tutorial, rapid-forwarding, or turning off the Tv set. The Interruption rate is calculated on a scale of to 100{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

 

Awareness Index – A comparison of your ad’s Interruption Fee in opposition to your precise media placement. The Attention Index is calculated on a scale of to 200, where by 100 is the normal and means your ad is doing as anticipated.

 

Est. Nationwide Tv set Invest – Volume used on Television airings for the brand’s spots.

Posted on

Gov. Kay Ivey tapped for Alabama auto manufacturing group’s Hall of Fame

Gov. Kay Ivey tapped for Alabama auto manufacturing group’s Hall of Fame

The Alabama Automotive Producers Affiliation (AAMA), a trade team symbolizing corporations in the dynamic and fast-growing field, has named Gov. Kay Ivey and Point out Sen. Gerald Allen to its Corridor of Fame.

Ron Davis, the AAMA’s president and chairman, praised Ivey for her steadfast motivation to facilitating the progress of Alabama’s automobile marketplace and her lots of contributions to the over-all mission of the business.

“Gov. Ivey has been an extraordinary champion for this strategically significant business and has been persistently engaged with AAMA over lots of a long time,” Davis reported.

“I will wave her flag substantial because she has been superb to get the job done with as Alabama’s auto market evolves and continues to thrive.”

Ivey explained she was humbled to be honored by the AAMA at its Yearly Appreciation Evening meal at the Wynfrey Lodge in Birmingham.

“This recognition indicates a lot to me simply because I know the automobile market has been the principal driver of financial development throughout Alabama for above two a long time, giving high-having to pay occupations for our citizens and very first-class workplaces for our communities,” she explained.

“The industry’s impression on Alabama has been huge, but what really excites me is how its foreseeable future is going to be even brighter in our condition.”

The AAMA board of directors, composed of essential marketplace figures, selects new associates for the organization’s Corridor of Fame.

The vehicle field has been the most important driver of financial advancement across Alabama for more than two many years, Gov. Kay Ivey explained in remarks to the Alabama Automotive Brands Affiliation. (contributed)

‘Unwavering support’

Released five a long time ago, the AAMA Hall of Fame contains Invoice Taylor, who led Mercedes-Benz U.S. International Ed Castile, director of AIDT and deputy secretary of the Alabama Division of Commerce and Bernard Schroer, a UAH professor who served in a leadership part in the organization’s early days.

Castile, an AAMA board member, congratulated Ivey on her Hall of Fame choice.

“Gov. Ivey has been a longtime supporter of the automotive market in Alabama, and in her lots of preceding roles as a point out leader she has still left her mark on the advancement of our automotive financial state,” Castile claimed. “As our governor, she has amped up her enthusiasm and determination to thrive as she led us as a result of the murky waters of the pandemic.

“Today, as we transform our concentration on electrical car or truck manufacturing, Gov. Ivey is laser-targeted on continued progress by her unwavering help of many workforce initiatives that will enable Alabama know the ambitions we seek out,” he mentioned.

Allen was named to the organization’s Corridor of Fame in recognition for his help of an AAMA scholarship software that, in collaboration with the Alabama Local community College or university System, is developing a pipeline of workers for the state’s car industry.

The AAMA was formed in 2001 to help the results of present and foreseeable future Alabama automotive manufacturers and their suppliers, with a goal of ensuring the condition is recognized as a international leader in the automotive world. It promotes continual training, advancement and the growth of Alabama’s automobile production field.

The Alabama Automotive Suppliers Association honored the Alabama Robotics Technological know-how Park in Decatur for its providers to the state’s auto industry. (contributed)

Award winners

The organization regarded other persons and firms at its appreciation supper. “Supplier of the Year” awards went to Mobis Alabama (big manufacturer), T&C Stamping Inc. (tiny company) and AIDT’s Alabama Robotics Technological know-how Park (services company).

Winners of the AAMA’s “Impact Award,” recognizing contributions to the sector, are:

  • Clinton Bourgeois, media producer, Alabama Neighborhood College Technique.
  • Hugh Thomas, taking care of companion, The Onin Group.
  • Kevin Taylor, assistant director, Prospect Recruitment & Education, AIDT.
  • Scott Russo, senior supervisor of Regional Expertise Enhancement, Toyota Motor North The us, TBMNC, North American Creation Help Centre.
  • Tom Shoupe, previous government vice president, Honda of The usa Producing Inc.
  • Beverly Hilderbrand, scholarship liaison, AAMA.

This tale initially appeared on the Alabama Office of Commerce’s Made in Alabama web site.

Posted on

Auto parts antitrust $3.2M class action settlement

Auto parts antitrust $3.2M class action settlement

Specified motor vehicle proprietors could advantage from a $3.152 million settlement — round five of a $1.2 billion auto pieces class action settlement resolving antitrust allegations.

The settlement rewards men and women who ordered or leased an eligible new vehicle in the United States concerning 2002 and 2018 or who paid to swap a single or more qualifying car pieces (not for resale). A complete record of qualified vehicles and relevant time durations can be uncovered on the settlement site.

Automotive elements manufacturers frequently generate the very same or very similar elements for many cars under a array of brand names. For example, digital braking units made by Robert Bosch could be employed in several motor vehicle manufacturers.

In accordance to many coordinated antitrust course action lawsuits, automotive pieces brands conspired jointly to artificially increase and repair the value of car factors. This perform was allegedly the subject of the major-ever antitrust investigation pursued by the Section of Justice’s Antitrust Division.

“To day, as a end result of its widespread investigation, the DOJ has billed extra than 100 people today and providers with criminal antitrust violations and the DOJ has levied, to date, extra than $2.9 billion in prison fines in opposition to many automotive components brands,” the vehicle areas course action lawsuit notes.

Despite the fact that producers faced penalties from federal authorities, customers argued they had been owed payment straight from the firms. The car or truck owners and lessees sought compensation for alleged overpayment for vehicle parts and cars.

The motor vehicle elements makers have not admitted any wrongdoing but agreed to pay out $1.2 billion to solve these promises. Rounds one particular to 4 of the settlement solved statements from a variety of makers and included components these types of as air conditioning devices, brake hoses, bearings and more. 

The fifth and current spherical of the settlement incorporates $3.152 million and resolves claims with Bosal Industries Georgia Inc., Bosal Usa, Robert Bosch GmbH, Robert Bosch LLC, ZF TRW Automotive Holdings Corp, ZF Friedrichshafen AG and Lucas Automotive GmbH. 

Automotive parts coated by round five are electronic braking techniques, hydraulic braking units and exhaust methods.

Less than the phrases of the auto parts antitrust settlement, class associates can acquire a dollars payment primarily based on the variety of motor vehicles procured, the sum paid out for substitution sections and other aspects. 

Payments will be proportional primarily based on these aspects, although all course associates will acquire at minimum $100 for promises across all rounds of the settlement.

The deadline for exclusion and objection is Dec. 20, 2022. 

The last acceptance hearing for the vehicle elements antitrust settlement is scheduled for Jan. 12, 2023.

In purchase to acquire settlement rewards, class members should post a legitimate assert sort by Jan. 7, 2023. Class users who submitted a assert all through rounds one by way of four do not require to file a different claim variety. 

Posted on

Why Tesla’s loyalty rate is ‘ominous’ for the rest of the auto industry

Why Tesla’s loyalty rate is ‘ominous’ for the rest of the auto industry

Even so, Tesla was an exception to the rule. It was a single of a few luxurious brands that didn’t encounter a decrease in loyalty in that time, becoming a member of Maserati and Genesis, which are far more compact brand names when compared with Tesla.

When Tesla is taken out of the calculations, luxury declined by nearly an added share issue, landing at a reduce of 5.5 points to an regular of 45.4 per cent.

“Tesla’s sort of, frankly, hiding a minimal bit of the luxurious decline, which is genuinely two times as substantially as mainstream,” Libby stated in the course of the presentation.

Libby ruled out that Tesla was stealing buyers from other manufacturers.

The firm’s conquest/defection ratio, which exhibits how a lot of clients are defecting to Tesla divided by how quite a few are leaving the brand, was minimal compared with the two luxury and mainstream opponents.

“Tesla’s C/D ratio with the other luxury would make, with the exception of Land Rover, was down, which I discovered surprising. I considered that maybe they were being suffering due to the fact of Tesla,” Libby claimed. “And general mainstream is down also, which I also located a little bit stunning.”

As a substitute of poaching from other makes, Tesla is driving its good results with inner loyalty, he stated.

The Product 3, the company’s dominant nameplate, is powering the trend. The vehicle’s loyalty price jumped by over 7.5 percentage points to an average of 62.2 {cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.

That usually means about 62 per cent of Product 3 prospects from March 2021 by means of April 2022 currently owned a Tesla car.

Tesla’s 12 months-in excess of-calendar year loyalty amount was even greater. Its March 2022 loyalty amount was 73.1 {cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}, when compared with 49.1 {cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} in March 2021, equaling an maximize of 24 proportion details.

Libby speculated on a couple of distinctive causes for Tesla’s results in light-weight of stock shortages. The distinctive character and manufacturer-creating of CEO Elon Musk is in the vicinity of the prime of the checklist.

“I think he is an terribly gifted marketer. I say that heading way further than the cars and trucks, I feel he is developed an picture of himself and of the brand that truly join with some persons,” Libby said.

Tesla’s array of electrical auto selections could also be playing a aspect, with house owners obtaining obtain to various in-brand segments, these types of as the Model Y crossover.

“The tale right here is that Tesla house owners … they’re coming back again to industry in growing numbers,” Libby mentioned. “But just as essential, if not a lot more crucial, they adore the brand, and they’re acquiring yet another one particular. So this is an ominous, frankly, ominous craze for the rest of the business, a little something that has to be faced, and it has to be acknowledged.”

Posted on

Montway Auto Transport Celebrates 15 Years of Delivering Superior Customer Service

Montway Auto Transport Celebrates 15 Years of Delivering Superior Customer Service

The enterprise has presently achieved 82{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} YOY expansion and anticipates sizeable need for automobile transport solutions by OEMs, automotive dealerships and Us residents on the go

CHICAGO, July 25, 2022 /PRNewswire/ — Currently, Montway Car Transportation, a single of the nation’s primary third-bash logistics brokerages, marks 15 years of stellar purchaser support and extraordinary development, which include achieving 82{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} 12 months-more than-calendar year growth to day. In honor of its 15-year anniversary, the firm is providing 15 randomly picked people the prospect to obtain $150 off their motor vehicle shipment.

Members can enter Montway’s 15-yr Anniversary Contest nowadays, July 25, 2022, by going to www.montway.com and scheduling a car or truck cargo or finishing an online entry type for a upcoming booked cargo. Winners will be picked and notified on or about July 28, 2022.

Montway’s 15-12 months milestone is just one particular of numerous successes the organization has reached through its heritage.

“We credit our ongoing results to our staff, our carriers and company companions, and all of the buyers who have labored with Montway in excess of the several years,” said Dimitre Kirilov, President, Customer Expert services, Montway Vehicle Transportation. “I’m in awe of the achievements we’ve designed through our historical past. It can be crucial to figure out our evolution as we chart our route forward.”

Montway commenced as a little procedure with one particular total-time worker and has grown into a world leader in automotive transportation with extra than 400 employees. Because the firm’s founding, it has served above 800,000 shoppers, including extra than 185,000 in 2021 by itself delivered almost a single million vehicles and obtained approximately 70,000 on the internet opinions, with a 4.7/5-star ranking.

Montway has crafted its track record by delivering top-quality client service to folks and business-to-organization clients in the automobile dealership, moving and relocation, car auction, rental motor vehicle, fleet administration, finance and OEM industries. This determination to support has assisted the enterprise double in dimension in excess of the very last two years and gain marketplace recognition, such as:

  • 2022 American Enterprise Awards® Gold Stevie® Award for Organization of the Year (May possibly 2022)
  • 2022 Inc. 5000 Regionals Midwest (March 2022)
  • 2021 Ideal in Biz Award for Customer Service Office of the Calendar year, Bronze Recipient (December 2021)
  • 2021 Inc. 5000 Listing (August 2021)
  • 2021 American Business Awards® Bronze Stevie® Award for Innovation of the 12 months (Could 2021)
  • Web Promoter Score of 74.7 in an business averaging 29 (2021)

Montway properly launched its Automobile Property Delivery Company, a guide technology and transportation resolution for dealerships, in February 2021. The business has also designed a proprietary transportation administration method and an enterprise portal, the Montway Automation Portal (M.A.P.), which is currently being rolled out to automotive vendor buyers first to supply significantly-required transparency on their transportation system and cost.

“Element of providing the 5-star experience Montway is regarded for is getting ready to foresee and get ahead of at any time-evolving consumer expectations,” mentioned Kirilov. “We’re regularly updating our technological know-how to boost effectiveness, transparency and car monitoring, which are elementary aspects of modernizing and making a extra person-helpful logistics encounter for all buyers.

“For instance, we’ve refined our inside functions for better clarity of interaction and are doing the job to a solitary-stage-of-call experience to further streamline the course of action and strengthen purchaser service. It truly is innovation like this that can make us a valued spouse and allows propel the marketplace ahead.”

Searching in advance, Montway expects to supply its one-millionth vehicle and exceed 75,000 on line purchaser testimonials by year’s stop, whilst also achieving its purpose of doubling its development once again by 2025. Initiatives to enable Montway obtain these targets include the just lately introduced inner leadership restructuring wherever Kaye Ceille was named President, Business Alternatives Group, Montway’s new enterprise device the variety of Erin Almand, Vice President, Shifting & Relocation the appointment of Mackenzie Lake as Vice President, Company Improvement and a strategic approach to pursue acquisitions and new partnerships.

“Retaining a 5-star buyer encounter as the driving force guiding every thing we do has set us on the suitable route from the start off and there is no restrict to what we are going to achieve future,” adds Kirilov.

For complete terms and ailments of the Montway 15th Anniversary Contest or to master far more about Montway Auto Transportation, be sure to pay a visit to www.montway.com.

About Montway Vehicle Transport  

Established in 2007, Montway Auto Transportation has developed to be the nation’s major automotive transport company supporting vehicle transportation to all 50 states which includes Alaska and Hawaii, as well as Europe – offering extended company hrs, 365 times a year. 

In addition to a retail division serving the privately-owned car or truck sector, Montway has a business answers sector targeted on the automotive logistics needs of enterprises in profits, remarketing, producing, relocating and relocation, and finance. Montway Automobile Transportation sets the market normal for ground breaking logistics systems and client provider. www.Montway.com

Get in touch with:
Wendi Sheridan, Interdependence Community Relations
(215) 630-5287
[email protected] 

Resource Montway Automobile Transport

Posted on

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as Persistent Supply Problems Continue to Hold Back Auto Industry

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast as Persistent Supply Problems Continue to Hold Back Auto Industry

UPDATED, July 5, 2022 – The Cox Automotive Industry Insights team had expected a year-over-year decline in June auto sales. The actual decline, however, was even greater than expected. Sales last month came in at approximately 1.125 million; the forecast was for 1.2 million. 

Some declines were particularly notable, with large year-over-year declines at Buick, Honda, Mazda, Nissan and others. The Honda drop was hard to ignore, with June sales being 54{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} lower than a year ago. The year-over-year decline last month was similar to Honda’s year-over-year drop in April 2020, when the global COVID pandemic had shut down much of the U.S. market. Honda has simply run out of inventory. In June 2021, Honda had nearly 130,000 new vehicles for sale on dealer lots across the U.S., according to our vAuto team’s estimates. Last month, the number was closer to 40,000, a drop of nearly 70{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. Another significant decrease was Buick, down by more than 45{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} compared to June 2021. Mazda was off more than 50{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}. Nissan fell 40{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} year over year.

As Cox Automotive Senior Economist Charlie Chesbrough continues to note, without a material change in inventory levels, new-vehicle sales in the U.S. will continue to underperform expectations. Yes, the combination of high new-vehicle prices and ongoing inflationary concerns are slowing the market, but new-vehicle sales are primarily being held in check by low inventories.  

Our team had expected some improvements in new-vehicle inventory by summer, but the gains have not materialized. We continue to operate in a seller’s market, where good deals are hard to find. Inventory levels have improved in some corners of the market, mainly with the domestic nameplates: Dodge, Ram, Jeep, Ford and Chevrolet. But overall, inventory remains tight, particularly for small, fuel-efficient vehicles.

Cox Automotive last month lowered its full-year forecast for new-vehicle sales in the U.S. to 14.4 million units, down from 15.3 million. At current sales rates, new-vehicle sales volumes in 2022 will finish below the pandemic year of 2020, as inventory has become the industry’s long-haul problem.

ATLANTA, June 28, 2022 – June U.S. new-vehicle sales are expected to show a market still constrained by a lack of supply and one that is virtually unchanged since January. According to the Cox Automotive June sales forecast released today, the seasonally adjusted annual rate (SAAR) of new-vehicle sales this month is expected to hit 13.8 million, up from last month’s 12.7 million pace but well below last year’s 15.5 million level. 

The sales volume in June is expected to finish near 1.2 million units, down 7.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} from last year’s volume of 1.3 million sales. However, this is an increase of 7.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} from May’s volume of nearly 1.1 million units. There is one more selling day this June than last year and the same number as last month. 

Tight inventory continues to negatively impact new-vehicle sales. Since June 2021, monthly sales volume has been stuck in a tight window, with little deviation, averaging 1.1 million units a month and peaking only at 1.3 million in June 2021. With no clear timeline for any notable recovery in new-vehicle inventory levels, Cox Automotive is lowering its full-year 2022 U.S. auto sales forecast to 14.4 million units, down from its current forecast of 15.3 million. The current forecast now is for new-vehicle sales volumes to fall below the 14.6 million sold in 2020 when the market was initially ravaged by the global COVID pandemic.  

“Last June, I wrote that the concern about the supply situation could not be overstated, as we were in untested territory for the market,” said Charlie Chesbrough, senior economist, Cox Automotive. “That sentiment remains, as there has been no significant shift in the conditions on the ground since last fall. Even though economic conditions have worsened in the past months, the lack of supply is still the greatest headwind facing the auto industry today.”  

June 2022 SALES FORECAST HIGHLIGHTS
  • In June, light vehicle sales are forecast to reach 1.2 million units, down 7.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} from June 2021. Sales volume in June is expected to rise by nearly 181,000 compared to May, or 7.5{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}.
  • The SAAR in June 2022 is expected to be 13.8 million, below last year’s 15.5 million level and up from May’s 12.7 million pace.
  • Second-quarter 2022 sales are forecast to fall 19.3{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} compared to Q2 2021
  • First-half sales are forecast to be down 17.3{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} from the same period in 2021.
  • General Motors is forecast to outsell Toyota in Q2, jumping back into the top-seller position.
  • Tesla is the only major brand to increase sales year over year in the first half. Honda, Nissan and VW all see first-half sales drops in excess of 30{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} year over year.
June 2022 SALES FORECAST
Q2 2022 SALES FORECAST
FIRST-HALF 2022 SALES FORECAST

All percentages are based on raw volume, not daily selling rate.

About Cox Automotive
Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company’s more than 27,000 team members and family of brands, including Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion. www.coxautoinc.com

Media Contacts:
Mark Schirmer
734 883 6346
mark.schirmer@coxautoinc.com

Dara Hailes
470 658 0656
dara.hailes@coxautoinc.com