Cox Automotive

NAAA and Cox Automotive Mobility Host Virtual 2022 ADAS Summit on Oct. 19

Retrieved on: 
Tuesday, October 18, 2022

ET on Wednesday, October 19, 2022.

Key Points: 
  • ET on Wednesday, October 19, 2022.
  • Hugo Carmona, Senior Manager of Government Affairs, Cox Automotive
    To register for the digital event, please visit ADAS Summit Registration .
  • Cox Automotive Inc. makes buying, selling, owning, and using vehicles easier for everyone.
  • Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion.

Kelley Blue Book's 2022 Best Cars for Teens - The List Every Parent Needs in Today's Challenging Car Market

Retrieved on: 
Monday, October 17, 2022

ATLANTA, Oct. 17, 2022 /PRNewswire/ -- Parents of teens are faced with a significant milestone decision when they consider which car to buy for their young driver. At some point most teens need their own vehicle, whether it is for driving to school, work, extracurricular activities, or even heading off to college. When the time comes, many parents feel overwhelmed with the choices available and the many factors they need to consider, not to mention the current vehicle inventory and market challenges. To help guide parents as they make these important decisions, the experts at Kelley Blue Book, a Cox Automotive brand, created the Best Cars for Teens: The List Every Parent Needs.

Key Points: 
  • To help guide parents as they make these important decisions, the experts at Kelley Blue Book, a Cox Automotive brand, created the Best Cars for Teens: The List Every Parent Needs .
  • In 2020, 60% of deaths among passenger vehicle occupants ages 16 to 19 were drivers of the vehicle.
  • If you're buying a used car, then your chances of finding more of these safety features improves with the newer the car.
  • When creating the Best Cars for Teens lists, the Kelley Blue Book experts set specific parameters.

New-Vehicle Average Transaction Prices Fall for First Time in Five Months After Recently Hitting Record High, According to Kelley Blue Book

Retrieved on: 
Wednesday, October 12, 2022

The Kelley Blue Book new-vehicle average transaction price (ATP) decreased to $48,094 in September, slightly lower than the previous high of $48,240.

Key Points: 
  • The Kelley Blue Book new-vehicle average transaction price (ATP) decreased to $48,094 in September, slightly lower than the previous high of $48,240.
  • September prices dipped 0.3% ($146) month over month from August, but were up 6.1% ($2,775) year over year from September 2021.
  • According to Kelley Blue Book calculations, September marks a record 16th straight month that new-vehicle ATPs were higher than the average manufacturer's suggested retail price (MSRP), also known as the sticker price.
  • The average new EV price was $65,291, according to Kelley Blue Book estimates, well above the industry average and aligning more with luxury prices versus mainstream prices.

Jarryd Carver and Michael Lee Receive Cox Automotive and NAMAD Rising Star Awards

Retrieved on: 
Monday, October 10, 2022

ATLANTA, Oct. 10, 2022 /PRNewswire/ -- Cox Automotive, in partnership with the National Association of Minority Automobile Dealers (NAMAD), awarded two Rising Star Awards at the Annual NAMAD Conference in Miami on Friday, October 7.

Key Points: 
  • ATLANTA, Oct. 10, 2022 /PRNewswire/ -- Cox Automotive, in partnership with the National Association of Minority Automobile Dealers (NAMAD), awarded two Rising Star Awards at the Annual NAMAD Conference in Miami on Friday, October 7.
  • Cox Automotive award two Rising Star Awards in partnership with the National Association of Minority Automobile Dealers.
  • Tanner said: "On behalf of CoxAutomotive and in partnership with NAMAD, I am honored to recognize Jarryd Carver and Michael Lee as the 2022 Rising Stars.
  • Jarryd and Michael truly exemplify the words 'rising star' as well as the core values of Cox and the Cox family building a better community and a better world."

Manheim Used Vehicle Value Index Sees Another Strong Decline as Market Continues To Slow

Retrieved on: 
Friday, October 7, 2022

Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed declines year over year for the month of September.

Key Points: 
  • Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed declines year over year for the month of September.
  • This brought the Manheim Used Vehicle Value Index to 204.5, down 0.1% from a year ago.
  • The Manheim Used Vehicle Value Index shows wholesale used-vehicle prices fell in September.
  • To download additional commentary and data on the Manheim Used Vehicle Value Index from Cox Automotive, visit the Cox Automotive Newsroom .

Open Lending Appoints Automotive Technology Veteran Keith A. Jezek as CEO

Retrieved on: 
Thursday, October 6, 2022

Its an exciting time for Open Lending, and Im confident that this leadership transition will prepare the Company for its next era of growth.

Key Points: 
  • Its an exciting time for Open Lending, and Im confident that this leadership transition will prepare the Company for its next era of growth.
  • I have been part of the retail automotive technology industry for over 20 years, and I truly believe in Open Lendings technology and its ability to provide unparalleled value for our clients.
  • I look forward to collaborating closely with John, Ross, the Board and Open Lendings best-in-class team to continue our evolution,said Jezek.
  • As a longstanding Austinite and University of Texas undergraduate and MBA alumni, Jezek is right at home in Open Lending headquarters.

Bryan Landerman Joins Silversmith Capital Partners as Operating Partner, Chief Technology Officer

Retrieved on: 
Thursday, October 6, 2022

Silversmith Capital Partners , a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, announced today that Bryan Landerman has joined the firm as Operating Partner, Chief Technology Officer (CTO).

Key Points: 
  • Silversmith Capital Partners , a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, announced today that Bryan Landerman has joined the firm as Operating Partner, Chief Technology Officer (CTO).
  • View the full release here: https://www.businesswire.com/news/home/20221006005070/en/
    We are thrilled to welcome Bryan to the partnership, said Silversmith Managing Partner, Todd MacLean.
  • As a technology strategist and three-time CTO, Bryan brings extensive experience helping organizations transform business operations, software delivery, and culture through technology innovation.
  • Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management.

Cox Automotive Mobility White Paper Expresses EV Optimism Despite Supply Chain Challenges

Retrieved on: 
Wednesday, October 5, 2022

This perfect storm of bottlenecks outlined in Cox Automotive Mobility's latest EV white paper titled "Supply Chain Challenges Impacting Electric Vehicle Adoption" is driving automakers to reshape their EV businesses and exert greater control over EV battery composition, manufacturing and recycling to propel the electric future.

Key Points: 
  • This perfect storm of bottlenecks outlined in Cox Automotive Mobility's latest EV white paper titled "Supply Chain Challenges Impacting Electric Vehicle Adoption" is driving automakers to reshape their EV businesses and exert greater control over EV battery composition, manufacturing and recycling to propel the electric future.
  • Cox Automotive Mobility's detailed EV white paper offers the company's perspective on the following core themes:
    State of EV Adoption.
  • The U.S. currently has a vulnerable EV supply chain heavily reliant on imports for semiconductor chips, raw materials and EV batteries.
  • Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion.

Parasoft Propels Software Test Automation Forward With Tool Enhancements

Retrieved on: 
Tuesday, October 4, 2022

MONROVIA, Calif., Oct. 4, 2022 /PRNewswire/ -- Parasoft, a global leader in automated software testing for over 35 years, today announced the latest releases of its industry-leading API and microservices testing tools, including SOAtest, Virtualize, CTP, and Selenic. With these releases, Parasoft continues to expand its functional tools in the Continuous Quality Platform and makes API and UI testing and service virtualization easier and more achievable for DevOps teams.

Key Points: 
  • Learn more about Parasoft's Continuous Quality Platform and the latest automated testing tool releases at STARWEST.
  • Unlock Your Continuous Quality Quest , on October 5 at 2:45 p.m.
    Enterprise organizations that develop and deliver software and want to improve quality with test automation and meet revenue goals will benefit from the following enhancements across the portfolio that streamline testing efforts.
  • To hear how other Parasoft customers achieved their quality goals, register for the Automated Software Testing and Quality Summit on November 3 .
  • Parasoft helps organizations continuously deliver quality software with its market-proven, integrated suite of automated software testing tools.

Vehlo Names Automotive Software Veteran Ronda Lewis CRO

Retrieved on: 
Monday, October 3, 2022

Vehlo , a leading provider of software and financial solutions for the automotive repair industry, today announced the appointment of automotive software veteran and longtime dealer advocate Ronda Lewis as Chief Revenue Officer.

Key Points: 
  • Vehlo , a leading provider of software and financial solutions for the automotive repair industry, today announced the appointment of automotive software veteran and longtime dealer advocate Ronda Lewis as Chief Revenue Officer.
  • With notable stints at Cox Automotive, Dealertrack, and automotiveMastermind, Lewis brings to the role extensive M&A and private equity experience.
  • View the full release here: https://www.businesswire.com/news/home/20221003005959/en/
    Automotive software veteran Ronda Lewis is the new Chief Revenue Officer for Vehlo.
  • She now joins Vehlo, a company that counts 19,000 rooftops as customers of its automotive repair software and payment solutions.