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The Latest Breaking News from Cox

Auto sales for 2022 expected to be worse than 2020

After a year plagued by low inventory on dealer lots, 2022 is expected to end with automakers selling just under 14 million new vehicles for the lowest sales in more than a decade, according to Kelley Blue Book estimates released this week.

Tribune News Service

Tesla May Come Close To Its 50% Delivery Growth Guidance In US

Tesla sells more EVs in the US than any brand by a wide margin, but some fear it may not meet its goals for 2022. Cox Automotive expects it to come close.

InsideEVs

Ford sales up in third quarter but down in September on supply issues

Ford Motor Co.'s sales fell nearly 9% year-over-year in September amid continued supply constraints but were up 16% in the third quarter, according to sales numbers released Tuesday.

Tribune News Service

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Martin Peers: Axios purchase comes with some sticker shock

The siren call of digital media startups is hard to resist, even in a market as rocky as this one.

Tribune News Service

Axios Media purchased by Cox Enterprises

Axios Media is being acquired by Cox Enterprises, which says it plans to push the online news provider into new markets while broadening its coverage

The Independent UK

US news site Axios agrees to $525 mn buyout

Washington (AFP) - US news website Axios, which has shot to prominence since its 2016 founding, has agreed to a $525 million deal to sell itself to US telecom group Cox Enterprises, the firms said Monday.

AFP

Axios agrees to sell to Cox for $525 million in cash

"Axios" is Greek for "worthy" — and now we know how much the company is worth, less than six years after its news site debuted.

WEKU

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Axios agrees to sell to Cox Enterprises for $525 million

The deal ensures continued investments in local news.

Axios

Eight once familiar Edinburgh odours that have been lost to progress

That’s especially true in Edinburgh, the city famously referred to as Auld Reekie, where generations of us grew up sucking in all manner of industrial odours back in the day.

Edinburgh Live

EXCLUSIVE: Michelle Krebs Of Cox Automotive Says 'If An Economic Recession Hits The US, Vehicle Sales Are Not Going To Be Affected Much'

The average price of a new automobile sold in America in June was $48,043, according to Kelly Blue Book, a Cox Automotive company. This is the highest average price ever and the first time it has been above the $48,000 mark.

Benzinga

Auto sales could hit below pandemic 2020 levels amid low inventory challenges

Low inventory levels led Cox Automotive analysts to again revise their full-year U.S. 2022 new-vehicle sales forecast downward.

Tribune News Service

Ford reports 4.5% year-over-year sales decline in May amid industrywide drop

Amid a broader industry drop in auto sales for the month of May, Ford Motor Co. on Thursday reported that it sold 154,461 vehicles in the U.S. last month — down 4.5% from May 2021.

Tribune News Service

Looking for free broadband in Southern California? Here's how to find it

Lower-income Americans now have more options for free high-speed internet access, including at least eight providers that serve Southern California, the White House announced Monday.

Los Angeles Times

Toyota poised for sales victory lap as gas prices boost hybrids

When Ian Campbell’s wife got rear-ended in her Honda HR-V last month, the Atlanta couple were thrust back into the new-car market — just as gasoline prices surged to more than $4 a gallon.

Tribune News Service

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InsideEVs

Tesla Beats BMW In 2021 US Luxury Car Sales: Report

Elon Musk continues to insist that Tesla's competition isn't other EVs, but rather, gas-powered cars. Tesla is achieving its mission by outselling top rivals.

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