Press launch content material from PR Newswire. The AP information employees was not concerned in its creation.
ATLANTA, Jan. 31, 2022 /PRNewswire/ — Cox Automotive has signalled its future mobility intent with the launch of a brand new world division – Cox Automotive Mobility – concentrating on rising transport applied sciences. Cox Automotive Mobility will information the expansion of mobility-focused digital and bodily companies, product improvement and investments all through the U.S., UK, Continental Europe, Canada and Mexico, with further geographic growth deliberate sooner or later.
The announcement of the brand new world division follows a historic 12 months throughout which Cox Automotive made a number of strategic acquisitions, together with main service supplier for EV battery lifecycle administration, Spiers New Applied sciences, and specialist cloud-based workflow expertise enterprise, FleetMaster. Designed to service OEMs, automotive sellers and fleet suppliers, Cox Automotive Mobility encompasses 4 enterprise answer areas – Fleet Companies, Fleet Operations, EV Battery Options and Rising Ventures.
“Final 12 months was a landmark 12 months for Cox Automotive Mobility,” mentioned Steve Rowley, president of Cox Automotive. “We’ve constructed the worldwide instruments and engine to energy our purchasers’ progress throughout borders, enabling sellers, automakers and fleet prospects to capitalize on enterprise alternatives solely Cox Automotive can present inside our fully-integrated International Mobility structure. As our companions race towards an ever-changing mobility future, we’ll be there to guide them.”
Sport-changing Mobility Options
With Governments worldwide legislating to finish the manufacturing of inside combustion engine (ICE) autos and unveiling environmental targets to attain internet zero greenhouse fuel emissions, the query of electrical battery lifecycle administration will solely intensify. Cox Automotive Mobility’s EV Battery Options is ready to play an essential function in addressing these environmental challenges, together with pre-treatment battery recycling companies. Moreover, with the well being of EV batteries in a rising world EV parc undoubtedly influencing future remarketing values, Cox Automotive’s battery well being diagnostic instrument in-built partnership with Spiers New Applied sciences will develop into the third-party, business commonplace to evaluate the situation and worth EV batteries.
Preserving tempo with the adjustments within the mobility panorama requires agility and suppleness. Adjustments in automobile possession and usership are driving new enterprise fashions, together with short-term rental, vehicle-as-a-service and automobile subscription. Bolstered by FleetMaster capabilities, the Cox Automotive Mobility platform allows fleet and mobility homeowners and operators to pivot and adapt their services and products to satisfy the wants of this ever-changing market; a game-changer for the market.
International Operations for an Evolving Mobility Panorama
Cox Automotive Mobility is led by President Joe George, who will oversee operational technique for the division, in addition to persevering with to run U.S. operations. Paul Humphreys has been appointed to Managing Director of Mobility, Cox Automotive Worldwide, overseeing technique, execution and operations outdoors the U.S.
“The alternatives for organizations working in fleet and client transport are limitless,” mentioned Joe George, President of Cox Automotive International Mobility. “By combining the size and experience of 1 world imaginative and prescient, with bespoke market-led knowledge and insights, we’re enabling a safer, cleaner and extra related transportation ecosystem with operational efficiencies that may be realized for our companions worldwide.”
Paul Humphreys, Managing Director of Mobility, Cox Automotive Worldwide, added: “Extra shoppers are selecting to make use of autos as and once they want them versus proudly owning them outright. The definition of possession is being redefined, enabled by ever-evolving finance and lease fashions. By Cox Automotive Mobility, we’re empowering our prospects and companions within the UK and Europe to reap the benefits of the alternatives the mobility panorama has to supply.”
About Cox Automotive
Cox Automotive Inc. makes shopping for, promoting, proudly owning and utilizing autos simpler for everybody. The worldwide firm’s greater than 27,000 crew members and household of manufacturers, together with Autotrader®, Supplier.com®, Dealertrack®, Dickinson Fleet Companies®, Kelley Blue Guide®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are obsessed with serving to tens of millions of automobile customers, 40,000 auto seller purchasers throughout 5 continents and lots of others all through the automotive business thrive for generations to return. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based firm with annual revenues of practically $20 billion. www.coxautoinc.com
View unique content material to obtain multimedia: https://www.prnewswire.com/news-releases/cox-automotive-unveils-global-mobility-division-to-serve-worlds-fleets-301471447.html
SOURCE Cox Automotive Mobility