CBT automotive newscast: May 30, 2022

Inside Automotive:

David Kain’s annual Client and Friends workshop sheds light on emerging sales and marketing trends
As many of you know, in-person automotive events are back and seemingly here to stay. On this edition of Inside Automotive, we’re pleased to welcome back David Kain, President and Owner of Kain Automotive, to give us a recap of the 17th Annual Client and Friends workshop and he’ll also share a few highlights from the 20 groups that are keeping his clients tuned in. Watch the complete segment here.

Headlines:

The State of Illinois said last week it has reinstated Carvana’s ability to do business in the state, but has imposed strict limits on the auto retailer. Earlier in the month, Carvana lost its right to conduct business in the state due to the mishandling of title transfers and other registration issues. For the time being, Carvana can sell vehicles in Illinois but is not allowed to give customers license plates or temporary registration tags.

Lucid Motors has recalled every single vehicle it has delivered so far due to potential problems with the wiring that may cause important screens to cut out and not provide information such as speed and warning indicators. The recall affects over 1,000 vehicles, and the company said it will be sending notices to owners next month. Lucid added that while it was recalling all of its delivered vehicles, only around one percent of them is likely affected by the wiring issue.

The United States Senate has officially confirmed Steven Cliff as the Head of the National Highway Traffic Safety Administration. Cliff comes to the agency after several years of experience with the California Air Resources Board and he will now be in charge of the federal agency’s $1 billion budget and its 600 employees. Cliff has said he is dedicated to reducing roadway collisions and possible fatalities that can result from them.

According to financial results released by Faraday Future last week, the EV startup only had 401 pre-orders for its luxury FF 91 sedan at the end of March. The company also reported an operating loss of almost $150 million for the first quarter, and said it is expecting further losses before it will see any sort of revenue. Faraday Future has continued to miss targets since its inception but said it still plans to start production in the third quarter.

News & Opinion:

4 strategies to recruit and hire veterans at your car dealership
According to the Department of Labor, approximately 200,000 men and women in the military transition out of the service to civilian life each year. Many of these veterans are looking to make their way into careers that can put their skills to good use. But, like many other forms of intentional hiring, locating military talent can be challenging. It can be hard to know where to look to find veterans who are the best fit for your dealership. Fortunately, there are some strategies you can use to make your military personnel recruitment plans successful. Read More

5 ways to create a healthy work environment in fixed operations
Some people examine healthy work environments by physical conditions. This is an important consideration within fixed ops, especially when you notice that the Bureau of Labor Statistics claims there were sixty deaths among auto technicians in 2019. However, physical health isn’t the only factor that must be dealt with in this hectic work environment. It’s also critical that your employees’ emotional well-being is supported. Read More