Cox Automotive: A 'house of brands' becomes a retail powerhouse
Posted by David Newton at
For many years, the universe of vendors to auto dealerships was stable. There was Reynolds and Reynolds and there was CDK Global, formerly ADP Dealer Services.
After those two 400-pound gorillas in the space came everyone else -- a host of vendors, each with its own niche. Seemingly overnight, Cox Automotive has burst on the scene as a rival to Reynolds and CDK. Its multiple brands offer services to dealerships that include online marketing, floorplanning, service scheduling, car hauling, used-vehicle auctions and reconditioning for retail sales. Cox's brands even include a dealership management system, albeit a minor one, which has always been Reynolds' and CDK's core strengths. more ...
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