, /PRNewswire/ -- Cox Automotive's Digitization of Automotive Retail Study reveals a growing momentum toward more efficient, connected, and AI-enabled vehicle retailing. As consumer expectations shift, nearly half of franchise dealers now offer a fully online purchase experience—doubling in just two years—marking a decisive industry evolution that also links increased digitization to profitability.
The research highlights that 7 in 10 buyers say completing steps online saves time and improves their experience, while 83% of dealers acknowledge customers often repeat steps in-store due to inconsistent online data. To close this gap, high-performing dealers are increasingly turning to third-party partnerships and integrated AI tools.
"Forcing car buyers down one purchase path is no longer considered a best practice. Today's most successful dealers are rethinking the retail journey—creating seamless transitions between online and in-store, powered by automation, clean data, and personalization," said Lori Wittman, President of Retail Solutions at Cox Automotive. "This study reinforces our mission to support dealers in building the omnichannel, customer-first experiences consumers now demand. Opening all paths to purchase and connecting them is even more important in this rising cost environment we're all facing."
Additional findings include:
The study supports Cox Automotive's omnichannel approach and builds on the company's connected retail ecosystem strategy, showing how modern, connected experiences are not only desired—they're expected- and profitable.
For more insights, download the full ebook covering the study, The Omnichannel Dealership: https://www.coxautoinc.com/retail/omnichannel-dealership
About Cox Automotive
Cox Automotive is the world's largest automotive services and technology provider. Fueled by the largest breadth of first-party data fed by 2.3 billion online interactions a year, Cox Automotive tailors leading solutions for car shoppers, auto manufacturers, dealers, lenders and fleets. The company has 29,000+ employees on five continents and a portfolio of industry-leading brands that include Autotrader®, Kelley Blue Book®, Manheim®, vAuto®, Dealertrack®, NextGear Capital™, CentralDispatch® and FleetNet America®. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately owned, Atlanta-based company with $23 billion in annual revenue. Visit coxautoinc.com or connect via @CoxAutomotive on X, CoxAutoInc on Facebook or Cox-Automotive-Inc on LinkedIn.
SOURCE Cox Automotive
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