Articles
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Jan 24, 2025 |
coxautoinc.com | Erin Keating
On Monday, Jan. 6, Cox Automotive took center stage at CES 2025 in Las Vegas with The Trusted Resource on the EV Future, a dynamic 40-minute panel discussion highlighting the latest advancements in electrification and how Cox Automotive is leading the charge in innovation and sustainability within the EV space.
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Jan 16, 2025 |
coxautoinc.com | Erin Keating
New-vehicle sales roared at the end of the year, with a strong December finish. Following the resolution of election uncertainties, interest rates began to decline and inventory levels reached their peak for the year. This created an ideal blend of improved consumer sentiment, bigger discounts and evident optimism in the market. New-vehicle sales rose by 6.5% in December compared to November; inventory fell by 8.5% during the same period. Total Inventoryas of Jan.
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Jan 16, 2025 |
plantengineering.com | Matthew Bailey |Anna Steingruber |Chris Vavra |Erin Keating
Learning ObjectivesDevelop a high-level understanding of variable frequency drive (VFD) operations and architecture. Understand the design advantages of safety VFDs.Grasp the safety features and functional design of a safety VFD. Variable frequency drive insightsCertified safety variable frequency drives (VFDs) include features that can be implemented within the design of a production line to improve productivity. It’s important to conduct a safety risk assessment ahead of installing a safety VFD.
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Jan 15, 2025 |
coxautoinc.com | Erin Keating
New-vehicle prices in December climbed higher for the fourth consecutive month and were close to the all-time high marked in December 2022. Average transaction prices (ATPs), as measured by Cox Automotive’s Kelley Blue Book, typically peak in December, as high-priced models from luxury makers often sell well in the final month of the year. New-vehicle ATPs were $49,740 last month, an increase of 1.3% year over year and higher by 1.5% compared to November 2024.
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Dec 11, 2024 |
coxautoinc.com | Erin Keating
New-vehicle prices in November climbed higher year over year for the second straight month, according to data from Kelley Blue Book released today. Last month, the average transaction price (ATP) for a new vehicle was $48,724, an increase of $699, or 1.5%, from November 2023. The November ATP was also higher by $720 compared to the downwardly revised ATP in October of $48,004.
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