Top Stories
NIADA dealers take 4 policy priorities to Capitol Hill. Read More
Toyota global sales fall 6.4% as China decline deepens in August. Read More
Volvo Cars freezes office hiring as shares sink, names new CEO. Read More
Robotaxi rides winning over autonomous vehicle skeptics, study finds. Read More
Featured interviews
Omega Advisors’ Gerrick Wilkins on dealership valuations, M&A and AI
Gerrick Wilkins, Founder and CEO of Omega Advisors, believes dealers should assess transactions based on future earnings and risk rather than just last year’s numbers. With over 25 years of experience, Wilkins discusses brand valuations, strategic divestitures, artificial intelligence, and succession planning in the latest Inside Automotive episode. He notes that Omega’s team, primarily consisting of individuals with retail backgrounds, helps them understand dealer perspectives and spot unique opportunities. Watch the full segment here.
Why Bob Ruth Ford stopped relying on auctions and built their own used vehicle pipeline
The pandemic emptied new-car lots and exposed how much dealers relied on auctions and factory allocation for inventory. One single-point Ford dealer answered by building his own supply pipeline. On this episode of Training Camp, Rob Ruth, President and Owner of Bob Ruth Ford, explains how an in-house buying center changed his store and increased monthly sales from about 200 units to the mid-400s in less than five years. Watch the full segment here.
Tune in to CBT Live
Join us at noon Eastern today for another episode of CBT Live. Co-hosts Jim and Bridget Fitzpatrick break down the day’s top automotive stories and sit down with the leaders shaping the industry. Today’s lineup features Antione Burks, General Manager of Mac Haik Chevrolet, and Lee Harkins, President & CEO of M5 Management Services.
Watch live every weekday at noon on our social channels: YouTube, TikTok, Lin
