cox automotive uk

What cox automotive uk does

Cox Automotive UK operates the European automotive services arm of Cox Automotive, itself a division of the US-based Cox Enterprises conglomerate. Headquartered in Leeds with a European office in Koblenz, the group runs nine product brands spanning the full vehicle lifecycle: funding (NextGear Capital), wholesale remarketing (Manheim Auction Services, Dealer Auction, Manheim Express), inspection and valuation (Manheim Inspection Services, eVA Valuations and Appraisals), vehicle preparation and de-fleet (Manheim Vehicle Services, RMS Automotive), logistics (Movex), digital retail and finance tooling (Codeweavers), and EV battery lifecycle management (EV Battery Solutions). It serves three primary customer verticals: Automotive Retailers/Dealers (both independent and franchised), Fleet Operators, and Vehicle Manufacturers, with Financial Institutions as a secondary segment. Operations cover eight European markets — the UK, Ireland, Germany, Spain, Portugal, France, Italy, and the Netherlands — through a combination of physical auction sites, embedded OEM/wholesale platforms, and self-serve digital channels.

The underlying technology stack combines physical infrastructure (multi-site auction and vehicle preparation facilities) with a connected digital platform. Codeweavers processes more than 750 billion finance calculations each year; eVA has generated more than 10 million valuations used by over 450 dealerships; Movex coordinates more than 600 transport providers and moves more than 250,000 vehicles per year; Dealer Auction ingests real-time Auto Trader market data; and EV Battery Solutions has serviced more than 900,000 batteries. AI is applied across appraisal, live pricing, residual value forecasting, EV TCO modeling and quarterly market insight production, sitting atop this proprietary transaction and valuation data flywheel.

Revenue is generated through a mix of transaction fees (auctions and logistics), managed services (stock funding and EV battery lifecycle), subscription and recurring fees (Codeweavers digital retail), and professional services (inspections and valuations). Go-to-market is sales-led, combining direct enterprise sales teams for OEM and fleet relationships with self-serve digital platforms for dealer customers. Pricing is not publicly disclosed and is negotiated under commercial contracts with manufacturers, fleets, dealers and financial institutions.

Name

cox automotive uk

Legal name

Cox Automotive UK Limited

Website

https://coxautoinc.eu

Company type

Private

Operating status

Operating

Short description

Cox Automotive UK operates the European automotive services business of Cox Enterprises, delivering funding, remarketing, retail, inspection and vehicle lifecycle solutions across eight European markets via nine product brands including Manheim, NextGear Capital, Codeweavers, Dealer Auction and EV Battery Solutions.

Ownership category

akta.pro rank

Product category

Automotive Remarketing and Fleet Services

NAICS

Other Motor Vehicle Dealers (4412), Motor Vehicle Parts (Used) Merchant Wholesalers (42314)

SIC

Wholesale-Motor Vehicles & Motor Vehicle Parts & Supplies (5010)

akta.pro primary industry

Wholesale Vehicle Auctions (Physical & Online) (TLABAKAA)

akta.pro secondary industries

Vehicle Transportation & Logistics for Remarketing (Pickup/Delivery, Marshaling) (TLABAKAG), Fleet & Commercial Vehicle Finance (FSAKADAE)

Keywords

• Wholesale vehicle auctions
• Vehicle remarketing services
• Automotive stock funding
• Vehicle inspection valuations
• Vehicle logistics platforms

Headquarters

HQ city

Leeds

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Auction and Remarketing Services: Revenue from wholesale vehicle auctions through Manheim network and Dealer Auction digital platform
2. Vehicle Stock Funding: NextGear Capital provides flexible vehicle stock funding, having funded more than £6.5 billion to date
3. Vehicle Inspection and Valuation Services: Manheim Inspection Services and eVA valuations providing inspection and valuation solutions
4. Digital Retail Solutions: Codeweavers provides digital retail and finance calculation tools
5. Vehicle Logistics: Movex platform for vehicle movement and transport services
6. EV Battery Services: EV Battery lifecycle services for manufacturers and fleets

Go-to-market motion1 record

Distribution channels10 records

Marketing channels11 records

Core offering

Cox Automotive UK operates a connected automotive services ecosystem spanning the entire vehicle lifecycle, delivering vehicle funding, wholesale auction remarketing, inspection, valuation, logistics, EV battery lifecycle and digital retail solutions to manufacturers, fleets and retailers across the UK and Europe. The portfolio combines physical auction infrastructure with digital platforms (Dealer Auction, Movex, Codeweavers, eVA, NextGear Capital, EV Battery Solutions, RMS Automotive) to support vehicle acquisition, financing, preparation, sale and disposal.

Product overview

Cox Automotive UK operates a platform-plus-services ecosystem delivering integrated automotive solutions across the entire vehicle lifecycle. The portfolio includes Manheim (auction services, inspection services, and vehicle services) as the core wholesale and remarketing platform; Dealer Auction (UK digital remarketing); Codeweavers (digital retail and finance tools); eVA Valuations and Appraisals; EV Battery Solutions; Movex (logistics); NextGear Capital (stock funding); and RMS Automotive (fleet remarketing software). These products are connected through shared data infrastructure and work together to support OEMs, fleets, and retailers from vehicle acquisition through to disposal, with regional operations spanning UK, Ireland, Germany, Spain, Portugal, France, Italy, and the Netherlands.

Differentiator

Problem solved

Functional benefit

Brands

• Codeweavers: Integrated digital retail solutions that forge lasting connections between manufacturers, retailers and lenders, helping customers buy, finance and sell vehicles more easily.
• Dealer Auction
• eVA Valuations and Appraisals
• EV Battery Solutions
• Manheim
• Manheim Inspection Services
• Manheim Vehicle Services
• Manheim Express
• Movex
• NextGear Capital
• RMS Automotive

Products and services

• Manheim Auction Services

Quantifiable outcome

• More than £6.5 billion funded to dealers via NextGear Capital
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Auto TradercoreStrategic or Co-development PartnerDealer Auction uses real-time data from Auto Trader to help retailers source the right stock quickly and confidently, supported by intuitive tools that make buying and selling faster and more profitable.
• 26 Vehicle Manufacturers (EV Battery Solutions)coreStrategic or Co-development PartnerEV Battery Solutions has partnerships with 26 manufacturers to provide complete EV battery lifecycle support covering triage, repair and remanufacturing across Europe.
• 70+ Auction and Vendor PartnerscoreChannel Partner/ Reseller/ DistributorNextGear Capital funds 100% of the hammer price or CAP clean plus fees across more than 70 auction and vendor partners, giving dealers complete freedom over where they source their stock.
• 600+ Transport Providers (Movex Network)coreChannel Partner/ Reseller/ DistributorMovex connects retailers with the UK's largest network of over 600 trusted transport providers, helping move more than 250,000 vehicles a year.
• MSDUK NetworkminorStrategic or Co-development PartnerCox Automotive is engaged with the MSDUK network and is committed to actively seeking diversity in its supply chain.
• We ConnectminorStrategic or Co-development PartnerCox Automotive is engaged with We Connect and is committed to actively seeking diversity in its supply chain.
• British Safety CouncilminorOthersCox Automotive holds membership to the British Safety Council as part of its commitment to health and safety excellence.
• Institute of Customer ServiceminorOthersCox Automotive is a member of the Institute of Customer Service, benchmarking performance and raising standards.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Manheim US (Cox Automotive US): Sister US operations of Cox Automotive operating the world's largest wholesale vehicle auction network; serves as the broader incumbent benchmark for Cox Automotive UK's operating model and capabilities.

Emerging players

• Heycar / AutoScout24: European online used-car and remarketing platforms with codeweavers-adjacent digital retail functionality; an emerging player competing for digital dealer-to-consumer and dealer-to-dealer inventory movement.
• Funding Circle / premium finance providers: Vehicle stock funding and SME lender that overlaps with NextGear Capital's offering; while not a direct one-to-one auction funding peer, both compete for dealer working capital financing across the UK automotive retail ecosystem.

Direct peers

• ADESA: Global (US/European) wholesale vehicle auction platform under KKR-backed KAR Global; directly competes with Manheim and Cox Automotive's remarketing footprint in European dealer-to-dealer and fleet remarketing.
• Cap HPI: UK's leading vehicle valuation and pricing data provider competing directly with eVA Valuations & Appraisals; serves overlapping dealer, manufacturer and fleet customers with used vehicle pricing intelligence.
• BCA Marketplace: UK's largest wholesale vehicle auction operator directly competing with Manheim across physical and digital remarketing channels; overlapping dealer/fleet customer base and remarketing/inspection services.
• Eurotax (part of Autovit Group): European vehicle valuation and data provider competing with eVA across multiple European markets; supplies residual value, TCO and pricing intelligence to dealers, fleets and OEMs.

Others

• Auto Trader UK: Cox Automotive UK is a Dealer Auction data partner of Auto Trader; while not a direct competitor (Auto Trader is a consumer-facing classified marketplace, Cox is wholesale/dealer), they share overlapping data infrastructure and audience across UK automotive retail.
• Webfleet / Geotab: Connected vehicle and telematics providers that overlap with Cox's EV Battery Solutions and fleet remarketing capabilities in fleet electrification and vehicle lifecycle management.
• RAC Dealer Services / Lookers Group: Large UK dealer groups and automotive services providers that interact with Cox's remarketing, funding and inspection services; an ecosystem participant operating in Cox Automotive UK's customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/coxautoeurope
• YouTubeyoutube.com/@coxautomotiveeurope
• Facebookfacebook.com/CoxAutomotiveEurope
• LinkedInlinkedin.com/company/coxautomotiveeurope
• Instagraminstagram.com/coxautomotiveeurope

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about cox automotive uk