CBT News

Ford and Stellantis lead J.D. Power survey, U.S. July sales forecast recovers, Mercedes-Benz lowers profitability target

Northwood University interns and Cox Automotive foster future industry leaders – Zak McLeod & Jason Jager

Impel acquires Outsell in $100 million deal to enhance automotive AI and customer data platforms

Ford and Stellantis top J.D. Power 2024 vehicle appeal survey

According to the J.D. Power 2024 U.S. Automotive Performance, Execution, and Layout Study, released Thursday, the Ford F-Series Super Duty, Jeep Wagoneer, and Alfa Romeo Giulia emerged as the most appealing vehicles in their segments. This annual survey evaluates new-vehicle owners' assessments of design, performance, safety, usability, comfort, and perceived quality after 90 days of ownership. Two Detroit-based automakers, Ford and Stellantis, secured top spots in this prestigious survey. Ford's F-Series Super Duty won the award for large heavy-duty pickup, a recognition celebrated by Andrew Kernahan, Super Duty chief program engineer, who emphasized the value of feedback from everyday users. Stellantis...

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U.S. July new vehicle sales forecast shows recovery post-software outage

July 26, 2024

The latest forecast from Cox Automotive suggests a notable bounce-back in U.S. new-vehicle sales for July, following a widespread software outage that affected sales...

Mercedes-Benz lowers profitability target amid tough Chinese market and trade tensions

July 26, 2024

Mercedes-Benz Group has revised its profitability target for the year, citing challenges in the Chinese market and ongoing trade tensions. However, the company predicts...

ChargePoint reaches 1 million charging ports amid global expansion

July 26, 2024

EV charging network ChargePoint recently achieved a significant milestone in its global expansion, reaching 1 million charging ports across North America and Europe. Since...

New Car Sales

How Van Horn Automotive Group is leading dealerships’ digital transformation

Digital Retailing CBT News - June 18, 2024

Cox Automotive enhances digital experiences with Canopy Connect partnership – Paulo di Silva & Tolga Tezel

CBT Now Jaelyn Campbell - June 13, 2024 0

Earlier this month, Cox Automotive and Canopy Connect announced a collaboration to enhance the online car buying experience for consumers and dealerships through insurance...

Dealership Management

Inside the innovative call monitoring and hosted phone system – Eric Glass & Dave Malone

Driving Solutions CBT News - July 25, 2024

How automotiveMastermind is revolutionizing dealership profits with advanced data and AI – Matt Leone

Driving Solutions CBT News - July 22, 2024 0

Dealers may not realize just how much data is coming into their dealership. Since 2012, automotiveMastermind has been the automotive industry's trusted data and...

Dealer Interviews

Northwood University interns and Cox Automotive foster future industry leaders – Zak McLeod & Jason Jager

Inside Automotive CBT News - July 26, 2024 0

How Mohawk Chevrolet’s ‘Office’ parody videos are revving up social media success

Inside Automotive CBT News - July 25, 2024 0

Two digital content creators at Mohawk Chevrolet have taken social media by storm with their hilarious and relatable videos based on the hit show,...

Pre-owned

How to Manage the Off-Lease Vehicle Shortfall

Pre-Owned Sales / Remarketing Arthur Michalik - July 18, 2024 0

Market Rebounds: Signs of normalcy as buyers return amidst growing inventory – Joseph Yoon | Edmunds

CBT Now Jaelyn Campbell - May 27, 2024 0

Affordability has been a major concern for dealers and consumers. In today's episode of CBT Now, we'll learn how the market performed in the...

Fixed Ops

Driving Dealership Profitability through the Service Drive: A Focus on Training

Fixed-Ops Luciano Ros - July 25, 2024 0

Integrating fixed ops strategies with inventory management – Skyler Chadwick | Cox Automotive

Power Lunch CBT News - July 23, 2024 0

The automotive industry is flooded with new inventory—and after years of fast turnover, that inventory isn’t moving like it used to. High interest rates...

Automotive Marketing

Understanding SEO: Essential tips for dealerships from automotive SEO expert Greg Gifford

CBT Now CBT News - July 10, 2024 0

Connected marketing: What is connected marketing and why does it matter for your dealership?

Automotive Marketing Ben Stewart - June 13, 2024 0

Car dealerships receive sales and service leads through many channels. While your dealership’s experience may vary, many dealerships spend their monthly advertising dollars on...

Association News

FADA President Ted Smith discusses challenges and advocacy efforts for 2024-2025

Inside Automotive Jaelyn Campbell - June 10, 2024 0

Colorado leads the charge with innovative incentives boosting EV adoption – Matthew Groves | CADA

Inside Automotive CBT News - June 4, 2024 0

On today's episode of Inside Automotive, Matthew Groves, CEO of the Colorado Automobile Dealers Association, will give us a glimpse of the Association's agenda...

Automotive Industry Trends

Overcoming challenges facing dealerships and innovative solutions

Automotive Industry Trends Arthur Michalik - July 24, 2024 0

Auto repossessions surge amid economic strain: A looming crisis for dealerships

Automotive Industry Trends Steve Mitchell - July 22, 2024 0

In the wake of mounting inflation and soaring interest rates, millions of Americans face a harsh reality—the inability to sustain exorbitant monthly vehicle payments....

Mergers & Acquisitions

Impel acquires Outsell in $100 million deal to enhance automotive AI and customer data platforms

Future of Automotive Steve Greenfield - July 26, 2024 0

Maximizing your dealership’s value and finding the right buyer – Sheldon Sandler | Bel Air Partners

Driving Solutions CBT News - July 18, 2024 0

Are you thinking about selling your dealership soon? Understanding the nuances can make all the difference in maximizing your dealership's value and finding the...

F&I

How to master F&I by enhancing operations and bridging departments – Adam Marburger

Training Camp CBT News - July 24, 2024 0

Elevating F&I performance through consistent training and servant leadership – Adam Marburger

F&I Jaelyn Campbell - July 16, 2024 0

Welcome to Training Camp with Adam Marburger, exclusively on CBT News. In an industry where margin compression is a constant challenge, consistent training and...

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