On today’s CBT Newscast for Friday, July 14th, 2017:
How to find the right vendor
We know some vendors that claim you don’t need a specialist, but instead you need their product. Mike Meyer, Director of Digital Marketing with Lundgren Honda, says that finding a cure for inventory means finding a vendor that eliminates the “all or nothing” mentality.
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Self-Driving Car Legislation in the Works, Could Be Unveiled this Month
Republicans are expected to unveil detailed bills later this week to support development of self-driving cars. Included in the soon-to-be-proposed legislation are regulations that prevent states from implementing their own restrictive laws on autonomous testing and development as well as modifying current rules that were not intended for driverless cars. Read More
Used Vehicle Prices End on High Note for Q2
The Manheim Used Vehicle Value Index hit a record high for the second consecutive month as wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) rose 1.1 percent month-over-month in June. The increase brought the Index reading to 129.3, which also represented a 2.5 percent increase from a year ago. Read More
Improve Your Bottom Line by Improving the Longevity of Your Customer’s Vehicle
In line with mechanical, body and electrical investment, consumers rank the appearance of their vehicle high on the list when it comes to investing in the longevity of their vehicle. Read More
