Cox Automotive Acquires Dickinson Fleet Services
Acquisition of the leading mobile fleet repair and maintenance provider expands the capabilities and geographic reach of Cox Automotive Mobility s Pivet fleet optimization and services marketplace.
Dickinson s expert mobile repair services will be a cornerstone of Pivet s future growth trajectory.
Learnings from operating the Dickinson Fleet Services business will be applied to help Cox Automotive partners and clients learn, grow and execute in the mobile fleet services space.
Atlanta, GA and Indianapolis, IN /PRNewswire/ - Cox Automotive today announced the acquisition of Dickinson Fleet Services, the leading mobile maintenance provider for medium and heavy-duty trucks and trailers in North America. This investment significantly bolsters the capabilities and geographic reach of Cox Automotive Mobility s nationwide Pivet fleet services marketplace. Dickinson s breadth of preventative maintenance and mobile emergency repair service
Despite December Drop, Manheim Used Vehicle Value Index Ends 2020 Near Record High
- Index drops to 161.1 in December, remains up 14.2% from year-ago levels.
- Wholesale prices for luxury cars and pickup trucks outperformed the overall market in December.
- Used-vehicle sales volume was estimated down 5% year over year in December, with 2020 ending at 36.7 million, down from 40.0 million in 2019.
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ATLANTA, Jan. 8, 2021 /PRNewswire/ Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 0.59% month over month in December, putting the Manheim Used Vehicle Value Index to 161.1, a 14.2% gain from a year ago.
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ATLANTA, Dec. 22, 2020 /PRNewswire/ Boosted by year-end sales and extra selling days, light vehicle sales in the U.S. for December are expected to finish near 1.54 million, a 1.9% increase over last December. The gain is a bit misleading, however, as there are 28 shopping days this month, three more than last year and five more than last month. With that many extra days for vehicle shoppers to acquire new wheels, a volume increase is more than expected. When volume is viewed on a seasonally adjusted basis, the sales pace is forecast to fall to a 15.5 million seasonally adjusted annual rate (SAAR), down from last month and down nearly 7% from last December s 16.8 million pace.