Today on CBTNews.com – Wednesday, January 16th, 2019:
Finding New Paths to Profitability at Your Dealership – Trevor Gile, Motorcars Honda
The annual NADA show is just around the corner, and just like us here at CBT you’re probably gearing up for the great events that lie ahead. Joining Jim today is Trevor Gile managing partner of Motorcars Honda, to discuss an event he is hosting at NADA called Bourbon and Bubbles. Watch Now
What Cadillac’s Announcement Means for the EV’s in 2019
One of the hottest automotive trends of recent years has been the rise of the Electric Vehicle (EV). With companies like Tesla setting the pace, it is no surprise that many other manufacturers have placed a greater emphasis on introducing more EV’s into the market. Of all the OEM’s struggling to keep up with Tesla, none seems to be more dedicated to developing EV’s than General Motors. GM recently reinforced this position with the announcement of an upcoming electric crossover SUV under the Cadillac nameplate. Read More
Your Dealership Could Sell More Cars During Tax Season Than You Would Imagine
Let’s face it: taxes are rarely anyone’s favorite topic. Few people look to tax season with anticipation, with the exception of accountants… and dealerships? That’s right. Dealerships who play their cards right could cash in big when taxes are due. IRS data from 2017 shows that the average taxpayer was refunded $2,895. While a good portion will use their check to pay off debts or bolster their savings, there is almost always a sizable population who will look to spend it on a large purchase. This means that soon there will be buyers in your area shopping for a car. Read More
