Cox Automotive

Digital Air Strike Partners with Leading Automotive Industry Conference, AUTOVATE

Retrieved on: 
Tuesday, September 20, 2022

Digital Air Strike , the leading consumer engagement and customer experience (CX) technology and services company, has a strategic partnership now with the AUTOVATE conference.

Key Points: 
  • Digital Air Strike , the leading consumer engagement and customer experience (CX) technology and services company, has a strategic partnership now with the AUTOVATE conference.
  • View the full release here: https://www.businesswire.com/news/home/20220920005019/en/
    The new partnership will develop thought leadership content on the automotive retail customer experience, automotive technology industry trends, and entrepreneurship.
  • Weve been supporters of AUTOVATE and its creator, Cliff Banks, for many years, said Alexi Venneri, co-founder and CEO of Digital Air Strike.
  • This exciting partnership will bring together the automotive retail tech expertise of Digital Air Strike with the leading auto retail executives and investors who attend the annual conference.

Grindr Appoints George Arison as Chief Executive Officer and Vanna Krantz as Chief Financial Officer

Retrieved on: 
Tuesday, September 13, 2022

Additionally, Vanna Krantz, former CFO of Disney Streaming Services, has been appointed Chief Financial Officer, effective September 26, 2022.

Key Points: 
  • Additionally, Vanna Krantz, former CFO of Disney Streaming Services, has been appointed Chief Financial Officer, effective September 26, 2022.
  • Jeff C. Bonforte and Gary C. Hsueh will step down from their roles as Chief Executive Officer and Chief Financial Officer, respectively, and transition to advisory roles with the company.
  • George Arison was most recently Shift Technologies, Inc.s Chief Executive Officer and Chairman and has served as a Director of the same company since October 2020.
  • Vanna Mehta-Krantz was most recently the Chief Financial Officer of Passport Labs, Inc., a transportation software and payments company and has served as the Chief Financial Officer of Masterclass, an e-learning streaming platform.

New-Vehicle Prices Increase for Fifth Straight Month, Set Record Again in August, According to Kelley Blue Book

Retrieved on: 
Monday, September 12, 2022

The Kelley Blue Book new-vehicle ATP increased to $48,301 in August 2022, beating the previous high of $48,080 set in the prior month.

Key Points: 
  • The Kelley Blue Book new-vehicle ATP increased to $48,301 in August 2022, beating the previous high of $48,080 set in the prior month.
  • August 2022 prices rose 0.5% ($222) month over month from July, and 10.8% ($4,712) year over year from August 2021.
  • Luxury buyers continue to pay more than MSRP for new vehicles, although prices are trending closer to sticker prices.
  • The average price for a new electric vehicle over $66,000, according to Kelley Blue Book estimates remains well above the industry average, aligning more with luxury prices versus mainstream prices.

Cox Automotive Dealer Sentiment Index: U.S. Auto Dealers See Market Weakness Driven by Inflation, Economic Anxiety, and Tight Inventory; Market Outlook Hits Record Low

Retrieved on: 
Thursday, September 8, 2022

Now, at 49, the current market index is below the threshold of 50 in the Cox Automotive Dealer Sentiment Index (CADSI), marking the fifth quarter-over-quarter decline in overall market sentiment.

Key Points: 
  • Now, at 49, the current market index is below the threshold of 50 in the Cox Automotive Dealer Sentiment Index (CADSI), marking the fifth quarter-over-quarter decline in overall market sentiment.
  • U.S. auto dealers indicate that their negative view of the market is influenced by inflation, economic anxiety, and tight inventory.
  • More automobile dealers now view the U.S. market as weak, according to the Q3 Cox Automotive Dealer Sentiment Index.
  • "Importantly, a drop in current-market sentiment is not typical in the third quarter," said Cox Automotive Chief EconomistJonathan Smoke.

PagerDuty Expands Technical Leadership Team with Appointments of CIO and CISO

Retrieved on: 
Thursday, September 8, 2022

PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced the appointments of Sesh Tirumala as Chief Information Officer (CIO) and Heather Hinton as Chief Information Security Officer (CISO).

Key Points: 
  • PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced the appointments of Sesh Tirumala as Chief Information Officer (CIO) and Heather Hinton as Chief Information Security Officer (CISO).
  • With these appointments, the company bolsters its technical leadership at the executive level as it continues to expand its investment in operational excellence, platform resilience, security, and scalability.
  • PagerDuty has continually deepened its competitive advantage by prioritizing innovation in service of customers, and Im proud to join a leadership team so focused on our customers needs.
  • Heather Hinton brings more than 30 years of distinguished information technology and cybersecurity leadership to the role, most recently serving as the CISO for RingCentral.

Ram ProMaster City Joins Four-time Honorees Chrysler Pacifica and Jeep® Wrangler on Autotrader's 2022 List of 10 Best Cars for Dog Lovers

Retrieved on: 
Tuesday, August 30, 2022

Ram ProMaster City joins annual dog lover's vehicle list for the first time, standing out with its low-load floor and spacious and secure cargo space

Key Points: 
  • Ram ProMaster City joins annual dog lover's vehicle list for the first time, standing out with its low-load floor and spacious and secure cargo space
    Mopar pet-friendly accessories include branded pet kennels, all-weather floor mats and cargo mats for Chrysler, Jeep and Ram vehicles
    Autotrader has announced its annual list of 10 Best Cars for Dog Lovers and this year the Ram ProMaster City joins four-time honorees Chrysler Pacifica and Jeep Wrangler as ultimate dog-friendly vehicles.
  • To select their Best Cars for Dog Lovers, experts at Autotrader started with vehicles that offer an abundance of pet-friendly features and accessories.
  • Joining the prestigious annual list for the first time is the 2022 Ram ProMaster City .
  • "The low cargo floor and variety of accessories and configurations make the ProMaster City a surprising but competent dog-friendly hauler."

Cox Automotive Mobility and Spiers New Technologies Expand Global EV Battery Service Network

Retrieved on: 
Tuesday, August 30, 2022

ATLANTA , Aug. 30, 2022 /PRNewswire/ -- Focused on management and innovation within the entire EV battery lifecycle, Cox Automotive Mobility and Spiers New Technologies today announced the expansion of its global EV battery service center network with new facilities in Belleville, Mich., a suburb of Detroit, and Las Vegas. Cox Automotive Mobility in collaboration with Spiers New Technologies also operates end-to-end EV battery service centers in Oklahoma City, Okla., and Ede, Netherlands.

Key Points: 
  • -In September 2021, Cox Automotive acquired Spiers New Technologies, a pioneer and leading service provider for EV battery lifecycle management.
  • ATLANTA, Aug. 30, 2022 /PRNewswire/ --Focused on management and innovation within the entire EV battery lifecycle, Cox Automotive Mobility and Spiers New Technologies today announced the expansion of its global EV battery service center network with new facilities in Belleville, Mich., a suburb of Detroit, and Las Vegas.
  • Cox Automotive Mobility in collaboration with Spiers New Technologies also operates end-to-end EV battery service centers in Oklahoma City, Okla., and Ede, Netherlands.
  • "The expansion of our EV battery service centers inthe Midwest and West reinforces Cox Automotive's commitment to being theworld's best batteryhealth innovator and end-to-endbattery services provider," said Lea Malloy, AVP of EV Battery Solutions, Cox Automotive Mobility.

High Gas Prices, Record-Breaking Transaction Prices Increased Q2 Interest in Cars, Electrified Vehicles; BMW, Toyota Remain America's Most-Shopped Brands, According to Latest Kelley Blue Book Reports

Retrieved on: 
Thursday, August 25, 2022

Car shopping gained share among both luxury and non-luxury shoppers in Q2 amid high gas prices, increased average transaction prices and ongoing vehicle supply challenges.

Key Points: 
  • Car shopping gained share among both luxury and non-luxury shoppers in Q2 amid high gas prices, increased average transaction prices and ongoing vehicle supply challenges.
  • Consideration for electrified vehicles rebounded, with Tesla and Toyota leading as the most-considered electrified vehicle brands in Q2, while Rivian gained traction surpassing other EV startups.
  • ATLANTA, Aug. 25, 2022 /PRNewswire/ -- Vehicle shopper interest in cars and electrified vehicles increased amid high gas prices and record-breaking transaction prices, while BMW and Toyota maintained their spots as America's most-shopped vehicle brands in their respective segments, according to the Q2 2022 KelleyBlue Book Brand Watch reports.
  • Kelley Blue Book produces separate Brand Watch reports for non-luxury and luxury brands each quarter.

Autotrader Honors National Dog Day and Shines a Light on Pet Adoption with the 2022 Best Cars for Dog Lovers List

Retrieved on: 
Tuesday, August 23, 2022

ATLANTA, Aug. 23, 2022 /PRNewswire/ -- 2022 is all about doing things with your best friend, and for the 90% of dog owners that consider their dog to be their best friend1, Autotrader, a Cox Automotive brand, is making it easier than ever for them to ride in comfort and style with the new 2022 Best Cars for Dog Lovers list—released just in time for National Dog Day. In celebration of the howliday on August 26, Autotrader is also raising awareness of the importance of dog adoption by releasing limited-edition matching BFF charm sets on the company's pet adoption website, Dogtrader.com.

Key Points: 
  • To select the Best Cars for Dog Lovers, Autotrader experts started with vehicles that offer an abundance of pet-friendly features and accessories.
  • In addition, each vehicle on the list had to have an editor's rating of three or higher on their five-point point scale.
  • For more information from Autotrader on the 2022 Best Cars for Dog Lovers list, including details on which dog-friendly features helped each model secure a spot on this year's list, and to enter for a chance to win a limited-edition matching BFF charm set, visit Dogtrader.com .
  • Autotrader is the most recognized third-party car listings brand, with the most engaged audience of in-market car shoppers.

iLending Industry Insights – State of Auto/Car Loan Refinance

Retrieved on: 
Monday, August 15, 2022

Englewood, CO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- iLending , a national leader in automotive refinancing, is pleased to announce our inaugural report on the State of the Car Loan Refinance Industry.

Key Points: 
  • Englewood, CO, Aug. 15, 2022 (GLOBE NEWSWIRE) -- iLending , a national leader in automotive refinancing, is pleased to announce our inaugural report on the State of the Car Loan Refinance Industry.
  • However, those increases have little effect on an auto loan refinance compared to a home mortgage.
  • On average, iLending can secure a new auto loan that is more than 7% less than a consumers current rate.
  • Solely focused on car loan refinance, iLending has the easiest, quickest, and safest process available.