Cox Automotive Unveils Global Mobility Division – Remarketing

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The announcement of the new global division follows a historic 12 months during which Cox Automotive made several strategic acquisitions. - Photo: Cox Automotive

The announcement of the brand new international division follows a historic 12 months throughout which Cox Automotive made a number of strategic acquisitions.

Photograph: Cox Automotive

Cox Automotive has signalled its future mobility intent with the launch of a brand new international division – Cox Automotive Mobility – focusing on rising transport applied sciences, the corporate introduced Jan. 31. Cox Automotive Mobility will information the expansion of mobility-focused digital and bodily companies, product improvement and investments all through the U.S., U.Okay., Continental Europe, Canada and Mexico, with further geographic enlargement deliberate sooner or later.

The announcement of the brand new international division follows a historic 12 months throughout which Cox Automotive made a number of strategic acquisitions, together with main service provider for EV battery lifecycle management, Spiers New Applied sciences, and specialist cloud-based workflow know-how enterprise, FleetMaster.

Designed to service OEMs, automotive sellers, mobility and fleet suppliers, Cox Automotive Mobility encompasses 4 enterprise resolution areas – Fleet Providers, 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, in a information launch. “We’ve constructed the worldwide instruments and engine to energy our purchasers’ progress throughout borders, enabling sellers, automakers and fleet clients to capitalize on enterprise alternatives solely Cox Automotive can present inside our fully-integrated World Mobility structure. As our companions race towards an ever-changing mobility future, we’ll be there to guide them.”

Recreation-Altering Mobility Options

With governments worldwide legislating to finish the manufacturing of inner combustion engine (ICE) automobiles and unveiling environmental targets to realize web zero greenhouse gasoline emissions, the query of electrical battery lifecycle administration will solely intensify. Cox Automotive Mobility’s EV Battery Options is ready to play an necessary function in addressing these environmental challenges, together with pre-treatment battery recycling companies. Moreover, with the well being of EV batteries in a rising international EV parc undoubtedly influencing future remarketing values, Cox Automotive’s battery well being diagnostic software in-built partnership with Spiers New Applied sciences will develop into the third-party, trade commonplace to evaluate the situation and worth EV batteries.  

Protecting 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 permits fleet and mobility homeowners and operators to pivot and adapt their services to fulfill the wants of this ever-changing market.

World 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 World Mobility. “By combining the size and experience of 1 international imaginative and prescient, with bespoke market-led information and insights, we’re enabling a safer, cleaner and extra linked transportation ecosystem with operational efficiencies that may be realized for our companions worldwide.”

Paul Humphreys, managing director of mobility for Cox Automotive Worldwide, added: “Extra customers are selecting to make use of automobiles as and after they want them versus proudly owning them outright. The definition of possession is being redefined, enabled by ever-evolving finance and lease fashions. By way of Cox Automotive Mobility, we’re empowering our clients and companions within the UK and Europe to reap the benefits of the alternatives the mobility panorama has to supply.”

Initially posted on Vehicle Remarketing



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