TSLA353.920-8.94%
GM86.800-1.13%
F13.950-0.46%
RIVN16.715-0.255%
CYD38.640-1.24%
HMC32.705-0.66%
TM194.270-3.08%
CVNA71.4201.515%
PAG217.3450.475%
LAD371.7601.03%
AN197.970-1.52%
GPI260.010-1.84%
ABG212.630-2.18%
SAH75.590-1.86%
TSLA353.920-8.94%
GM86.800-1.13%
F13.950-0.46%
RIVN16.715-0.255%
CYD38.640-1.24%
HMC32.705-0.66%
TM194.270-3.08%
CVNA71.4201.515%
PAG217.3450.475%
LAD371.7601.03%
AN197.970-1.52%
GPI260.010-1.84%
ABG212.630-2.18%
SAH75.590-1.86%
TSLA353.920-8.94%
GM86.800-1.13%
F13.950-0.46%
RIVN16.715-0.255%
CYD38.640-1.24%
HMC32.705-0.66%
TM194.270-3.08%
CVNA71.4201.515%
PAG217.3450.475%
LAD371.7601.03%
AN197.970-1.52%
GPI260.010-1.84%
ABG212.630-2.18%
SAH75.590-1.86%


Articles

transactions

Average new vehicle transaction price continues to hold above $40k

- February 16, 2021
The average transaction price for new vehicles in the United States continues to hold the line well above $40,000. Late in 2020, the transaction price pushed through the barrier for...
F&I

Two reasons it may work for the sales consultant to handle F&I too

- February 15, 2021
The F&I department and the process by which they deliver profit for the dealer has been stuck in one paradigm. Customers spend too much time picking out the perfect car and then dread...
shoppers

Shoppers willing to drive further for the right car, according to Edmunds

- February 15, 2021
The average distance a car shopper is willing to drive to buy the right car has increased by nearly 20 miles. Ahead of the first holiday vehicle sales period of 2021, Edmunds...

Elon Musk’s brother sells $25.6 million in Tesla stock

- February 15, 2021
Kimbal Musk, younger brother of Tesla CEO Elon Musk sold $25.56 million in shares of Tesla (TSLA). Kimbal Musk, who serves as a board member for the company, sold his...
car sales

Best practices for engaging today’s car shopper: Remote car sales (Part 3)

- February 12, 2021
A study by KPMG has found that for car purchases, "consumers want ... an end-to-end e-commerce experience." They also don't want to step "in a showroom, even for a test drive." So, dealers...
inventory

Sales strong and prices high through January despite below average inventory

- February 12, 2021
Through the month of January, auto sales ticked higher than December 2020 as the pandemic recovery continues. With a January SAAR of 16.6 million units and just 3.7% fewer sales over last...

Wrapping up the 2021 NADA Virtual Show

- February 11, 2021
The first ever virtual National Automobile Dealers Association (NADA) show is coming to an end. The virtual experience began on Tuesday, February 9 and ran through Thursday, February 11. The...
PureCars

5-step guide to modernizing the buyer’s journey

- February 11, 2021
Projections for U.S. light-vehicle sales in the next five years are optimistic, according to research shop Benchmark Co. By 2025, there will be a record 245 million licensed drivers in...
Toyota

Toyota makes a robust update to profit forecast

- February 11, 2021
The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of their fiscal year. Toyota Motor Corp increased...

Rick DeSilva awarded Time Dealer of the Year

- February 10, 2021
Rick DeSilva, owner of Liberty Subaru in Emerson, NJ, was announced as the 2021 Time Dealer of the Year. DeSilva was awarded the honor by Time and Ally Financial at...


CBT News
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