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Cox Automotive

Cox Automotive

Exclusive Blog Posts

WEBINAR RECORDING - Automate Your Inspection Process

WEBINAR RECORDING - Automate Your Inspection Process

In today's webinar, Glenn Hemminger, USA Managing Director of UVeye presented a case for automating your inspection process. We discuss…

Activating Your F&I and Business Development Center to Improve Dealership Performance

Activating Your F&I and Business Development Center to Improve Dealership Performance

The podcast episode can be found here: Be sure to subscribe to the KPI Cafe on your favorite podcast platform! In this episode of the KPI Cafe, Lauri…

​​​​​​​Attract Traffic That Matters

​​​​​​​Attract Traffic That Matters

Search Engine Optimization. It's equal parts science and art. Hours of keyword research combined with a healthy dose of experience and intuition. It's …

Automation Can Improve the Appraisal Process – Here’s How

Automation Can Improve the Appraisal Process – Here’s How

Working the spread - that’s how the auto industry is structured to make money, just like any other retail sector. Inventory is purchased at …

The one alert in Google Analytics you need to set today

The one alert in Google Analytics you need to set today

Google Analytics. When used correctly, it’s one of the most powerful analytics tools out there. When set up properly, it can be used as the virtual y…

Effects of Resilience Following NADA: A Look at the Past Seven Months and Forward Focus

It could not have been predicted how important the focus of Cox Automotive’s message at NADA last February was. The Power of Knowing unknowingly paved the path for dealerships to follow to implement contactless and digital strategies. In 2020 dealers have done things they never thought they could do, as they accelerated their digital capabilities by ten years in just seven months.

At the beginning of 2020, Cox Automotive’s Retail Brands launched 29 new solutions and invested $500 million in R&D to make sure dealerships around the country were equipped with the tools and data needed for success in 2020. These advancements have allowed dealerships to serve their customers throughout the pandemic in innovative ways, including:

  • - Incorporating home pickup and delivery options, as well as contactless services.
  • - Connducting remote signing ceremonies using Digital Contracting.
  • - Personalizing and synchronizing customer profiles across CRM and Desking functions.
  • - Transforming the service lane through scheduling, check-in, approvals, check-outs, and online payments.
  • - Aligning tasks including payroll and staffing as well as service and parts ordering.

 

While technology played a role in making flexible and contactless options available, make no mistake that dealerships are the ones responsible for quickly implementing and adapting to these new technologies. The automotive business has proven to be a resilient industry, and the COVID-19 pandemic is certainly no exception.

Dealerships have put up a strong fight against the challenges presented by 2020, but there is still more work to be done. On October 13-15, Cox Automotive’s Retail Brands will be holding Forward Focus 2020, their inaugural client virtual user conference, to ensure business continues to thrive no matter what unforeseen challenges arise. We all could use a little ‘magic’ these days, and my upcoming Forward Focus conversation with NBA Hall of Famer Earvin “Magic” Johnson about facing adversity and prevailing through teamwork is one not to be missed. To learn more about Forward Focus 2020, click here.

Mark Vickery is senior director of performance management for VinSolutions.

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