Today on CBTNews.com for Wednesday, June 3rd, 2020:
Cory Mosley Discusses How Retail Automotive Has Been Affected by Recent Events
On today’s show, we welcome back host of Progressive Retail and Business Growth Strategist Cory Mosley. Cory and Jim talk about how recent events, such as COVID-19 and protests in response to the death of George Floyd, have affected the automotive industry across the nation.
Struggling Rental Car Market Could Be Solution for Pre-Owned Inventory
After more than a century in business, Hertz Global Holdings Inc. filed for bankruptcy on May 22, 2020. The Estero, Florida-based corporation operates more than 10,200 Hertz car rental locations in 150 countries and includes Hertz Car Rental, Thrifty Car Rental, and Dollar Rent a Car under its umbrella. Collectively, the three rental companies have more than 30,000 corporate and franchise locations. As recent as 2018, Hertz Global Holdings was on the Forbes’ Fortune 500 list in the 335th spot. Read More
Improving Your Recon Processes in Today’s Climate
According to the Cox Automotive Auto Market Weekly Summary for June 1, 2020, the used vehicle market has rebounded better than previously forecasted. Compared to May 209, used car sales are up 6 percent year over year. That’s excellent news for one of the largest industries in the United States. Read More
Did you enjoy this interview? Please share your thoughts, comments, or questions regarding this topic with host Jim Fitzpatrick at jfitzpatrick@cbtnews.com.
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