Today on CBTNews.com – Tuesday, April 21st, 2020:
How Livonia Chrysler Jeep is Giving Back to Their Michigan Community – Colleen McDonald, President
On today’s show, we continue our ongoing Coronavirus Coverage with Colleen McDonald, President of Livonia Chrysler Jeep. Colleen and Jim discuss what lessons we’ve learned from the Coronavirus, which safety measures she’s implemented at her store, and what auto retail might look like post-COVID-19.
Industry Looking for New ‘Cash for Clunkers’ Program
In the thick of the coronavirus pandemic, car sales have taken a tumble. Cox Automotive’s Auto Market Weekly Summary estimates that new car sales are down 57% year over year in mid-April with used car sales declines slowing by just over 50%. That’s actually positive news, though, since China’s car sales were only about 1/10th of normal earlier this year when the pandemic was raging. Read More
F&I Can Use the COVID-19 Slowdown to Polish Their Skills
We are truly living in unprecedented times. Just a month ago, few were talking about wearing masks in public or wondering when the federal relief check would be hitting their bank account. It seems like a world away now with the spread of the COVID-19 virus throughout the US taking thousands of lives and potentially impacting the health of millions. Read More
