Cox Automotive Strengths, Domain Expertise, and Key Differentiators
Cox Automotive Inc. is transforming the way the world buys, sells and owns cars with digital marketing, financial, retail and wholesale solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide.
Committed to open choice and dedicated to strong partnerships, the Cox Automotive family includes Autotrader, Dealer.com, Dealertrack, Kelley Blue Book, Manheim, NextGear Capital, vAuto, Xtime and a host of other brands. The global company has 34,000-plus team members in more than 200 locations and is a partner to more than 40,000 auto dealers, as well as most major automobile manufacturers while engaging U.S. consumer car buyers with the most recognized media brands in the industry.
Cox Automotive is a subsidiary of Cox Enterprises Inc.
Cox Automotive Recent Developments
In January 2019, six months after the formation of a new business unit focused on enabling next-generation transportation, the Cox Automotive Mobility Group unveiled a distinct brand to illustrate the division's integrated solution of forward-looking fleet services. Constructed to include both physical locations and mobile vehicle management solutions, Pivet connects industry-leading Cox Automotive brand Manheim and national mobile car care company RideKleen, as well as other trusted providers, to enable end-to-end services for every fleet. Pivet embodies the broader vision of the mobility future the Cox Automotive Mobility Group will lead, grounded in the art and science of moving people.
Cox Automotive Mergers and Acquisitions (M&A) Activities
In October 2018, Cox Automotive has completed the acquisition of Intersection Technologies Inc., which does business as F&I Express. The deal furthers Cox Automotive's mission to transform the way the world buys, sells, owns and uses cars.
Cox Automotive Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Cox Automotive applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Cox Automotive and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified DealerTrack DMS, VinSolutions CRM customers.
Cox Automotive Overview
Ownership: - Cox Enterprises
Number of Employees: 34000
Functional Markets: Customer Relationship Management, eCommerce, ERP Financial Management, ERP Services and Operations Management,
Key Verticals: Automotive,
Cox Automotive Key Enterprise and Cloud Applications
DealerTrack DMS, VinSolutions CRM
Cox Automotive Revenues, $M:
| Type/Year | 2018 | 2019 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Cox Automotive Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Cox Automotive Enterprise Applications Revenues By Functional Markets, $M:
Cox Automotive Enterprise Applications Revenues By Verticals, $M:
Cox Automotive Revenues By Region, $M
| Region | % of Total Revenues | 2019 Total Revenues, $M | 2019 Enterprise Applications Revenues, $M | 2019 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Cox Automotive Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Cox Automotive Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Cox Automotive Customers
No. of Cox Automotive Customers: 40000
No. of Cox Automotive Enterprise Applications Customers: x
No. of Cox Automotive Cloud Customers: x
No. of Cox Automotive Cloud Subscribers: x
Cox Automotive's solutions are used by more than 40,000 clients across five continents.
Cox Automotive Market Opportunities, M&A and Geo Expansions
In 2019, Cox Automotive led $30 Million investment round in Fyusion to accelerate next-generation 3D imaging, Machine Learning. In response to the skyrocketing digital wholesale marketplace where seeing is believing, Cox Automotive is continuing its investment strategy. This latest investment is to accelerate the digital buying and selling experience, bringing it closer to a live interaction. With Fyusion, Manheim enables dealers to take advantage of 360-degree interactive viewing capability, which is integrated into the Manheim Express app.
Cox Automotive Risks and Challenges
Over the next few years, Cox will bring more and more of those on-premises applications into the cloud environment. Big changes can be scary for an organization. And transitions like the movement into cloud-based computing can generate apprehension and uncertainty.
In December 2019, eBay acquired Cox Automotive Media Solutions, which owns CarsGuide.com.au and Autotrader.com.au, automotive platforms that make it easier to review, buy and sell cars in Australia.
In 2020, Cox Automotive furloughing more than 12,500 full- and part-time workers as the result of the business downturn caused by the coronavirus pandemic.
Cox Automotive Ecosystem, Partners, Resellers and SI
In 2020, Modix, the digital marketing arm of Cox Automotive, has announced a new partnership with InstaVid that will allow it to offer new video and image capabilities to its dealer customer.
In 2019, to expand its collaboration with Israeli startups and entrepreneurs, Cox Automotive partnered with DRIVE TLV, a Tel Aviv-based smart mobility innovation center.
Cox Automotive Cloud Infrastructure Insights
Subscribe to read more about:
- Cox Automotive Public Cloud and Infrastructure (IaaS)
- Cox Automotive Platform (PaaS)
- Cox Automotive Application Delivery
- Cox Automotive Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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