Cox Automotive Acquires FleetNet America
ATLANTA (Feb. 28, 2023) – Pushed to maintain the world’s fleets shifting effectively, safely and sustainability, Cox Automotive immediately introduced the acquisition of fleet {industry} chief FleetNet America®. With the acquisition, Cox Automotive Mobility and FleetNet are creating the inspiration that may remodel working a fleet, the place each car, and each service is linked.
“The market management that comes with this becoming a member of of our two firms is unmatched within the fleet area,” stated Steve Rowley, president of Cox Automotive. “Empowered by our mixed decades-long legacy, best-in-class clients and repair supplier networks, and {industry} experience, we’re disrupting the established order and main the fleet future – however not within the breakdown enterprise – within the problem-solving enterprise.”
A subsidiary of ArcBest®, a fleet visionary and driving pressure of FleetNet’s innovation and development, FleetNet’s market-leading EMS providing makes use of a community of greater than 60,000 unbiased service suppliers all through america, Canada and Puerto Rico. Providers embody brokering emergency cell help, cell truck restore, towing and restoration, preventative upkeep, and tire restore. Paired with Cox Automotive’s experience in creating two-sided marketplaces, potential to ship industry-leading knowledge insights and working at world scale, this acquisition will gasoline the businesses’ collective dedication to delivering higher flexibility, transparency, communication and finally maintaining fleets doing what they do finest, working for his or her clients.
Aligned to a unified North Star – eliminating breakdowns for its clients – Cox Automotive’s buy of FleetNet builds on the imaginative and prescient of Cox Automotive Mobility Fleet Operations to ship turnkey options backed by fleet specialists and an expansive Service Supplier community, permitting clients to simply discover and join with specialised service suppliers when and the place they want them. This proprietary expertise, which incorporates FleetNet’s cell app for smartphones, delivers an easy, automated workflow to maintain autos wholesome and on the street, and fleet suppliers targeted on their enterprise.
“Whereas each FleetNet and Cox Automotive are leaders out there immediately, we haven’t even scratched the floor of the place we’ll take fleet operations tomorrow,” stated John Wooden, president of FleetNet America. “Collectively, our groups will transfer the {industry} ahead in a transformative means.”
“We’re relentless operators and innovators, and we’re obsessive about placing our clients, service suppliers and our folks first, at all times,” stated Alex Fraser, AVP of Fleet Operations, Cox Automotive Mobility. “We’re invested in making working a fleet extra environment friendly, fixing our clients’ issues on the street or within the storage.”
For extra details about Cox Automotive Mobility Fleet Operations, go to www.coxautoinc.com/mobility/fleet-operations/.
About Firm
Cox Automotive is the world’s largest automotive companies and expertise supplier. Fueled by the biggest breadth of first-party knowledge fed by 2.3 billion on-line interactions a 12 months, Cox Automotive tailors main options for automotive customers, automakers, sellers, retailers, lenders and fleet house owners. The corporate has 25,000+ workers on 5 continents and a household of trusted manufacturers that features Autotrader®, Dealertrack®, Kelley Blue E book®, Manheim®, NextGear Capital™ and vAuto®. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based firm with $21 billion in income. Go to coxautoinc.com or join through @CoxAutomotive on Twitter, CoxAutoInc on Fb or Cox-Automotive-Inc on LinkedIn.
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