Cox Logistics Investments Pay Off for Digital Buyers
DHL-powered logistics technology integrated throughout Manheim Marketplace, beyond, giving digital wholesale buyers efficiencies.
DHL-powered logistics technology integrated throughout Manheim Marketplace, beyond, giving digital wholesale buyers efficiencies.
Despite a 51% net income decline, the company’s net income is higher year-over-year.
Though revenue increase of 4% hits a first-quarter record, net income for the auto group fell 33%.
Nearly 25% profit drop results from mix of pressures.
Declines in net income and revenue in the first quarter were offset by an 11% increase in parts-and-service business.
Data show volume, revenue increased, bringing record March top line.
Ram pickups, Ascent SUVs affected by late-model issues.
Latest in a series anticipates Q1 earnings reveal.
Eleven of the 13 truck segments reported increases last week.
Works with insurer, expedites software upgrade, and offers steering wheel lock reimbursements to protect vulnerable models.
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