7th July, 2020 · Industry News

Positive signs in May according to Cox
Automotive’s industry data

< 1 minute to read

Looking at the vast array of wholesale and consumer data and insights Cox Automotive brands such as Manheim and Dealer Solutions collects, it certainly appears there are early signs that consumers are returning to the new and used vehicle markets. Cox Automotive’s analysis showed that despite the decline in sales of new and used vehicles after the COVID-19 lockdown and moves to social distancing in late March, the month of May saw the beginnings of ‘green shoots’ and positive turnarounds. To find out more about Cox Automotive’s detailed analysis of the May market and some longer-term implications for digital retailing and online only auctions, please click the button below.