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Autotrader bought Xtime

I think their current focus is definitely better integration and tying it all together.
Cox did a group presentation at one of the recent conferences and it was really interesting to see them all come together and discuss how they intend to proceed and why they're making the acquisitions that they are.
 

✨ AI Highlights

Forum members discuss Cox Automotive's $325 million acquisition of Xtime, a service software platform, debating whether it represents a smart consolidation strategy or a concerning monopoly. While opinions are mixed—with some praising Cox's vision to integrate multiple automotive solutions and others skeptical of combining two "terrible" companies—the consensus leans toward Cox Automotive strategically positioning itself to eventually acquire or build a DMS (Dealer Management System) to complete their comprehensive software ecosystem. The key insight is that Cox is methodically assembling an end-to-end solution for dealerships rather than developing products organically.

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